Housing prices keep rising

1 week ago 12

The halfway of Athens and areas of the western suburbs stand retired successful terms of the largest summation successful asking prices for residential properties during the third 4th of this year. 

According to information from the SPI terms scale of Spitogatos.gr, connected an yearly basis, the largest increases betwixt July and September were recovered successful the halfway of Athens, with 27.4%, followed by Drapetsona and Perama successful western Piraeus with increases of 26.3% and 26.1% respectively, arsenic well arsenic Peristeri, where the summation successful the mean asking terms amounted to 22%.

Data amusement that these are chiefly areas that person a ample stock of eligible properties done the 2nd rhythm of the “My Home” program, resulting successful a correspondingly ample summation successful asking prices.

Smaller fluctuations are recovered successful different parts of Attica, where prices person begun to stabilize. These see Nea Smyrni successful the southern suburbs, Agia Paraskevi successful the north, Metamorfosi successful the west, the Kolonaki-Lycabettus territory successful the metropolis center, and Kastella and Pasalimani successful Piraeus.

Regarding rental housing, the largest yearly increases successful the mean asking terms for the third 4th of 2025 are recorded successful the areas of Gazi-Metaxourgeio-Votanikos (18.8%), Petroupoli (17.6%), Perama (15.5%), Filothei (15.3%) and Aigaleo (15.2%).

The mean asking prices for residential properties successful Thessaloniki accrued by 11% successful the third 4th of 2025 against the aforesaid play past year, while rental prices accrued by 7.7% successful the aforesaid period. Across Greece, income prices recorded an summation of 10% successful the third quarter, while compared to the 2nd 4th the summation reached 1.6%. As for rents, the summation was 7.2% connected an yearly basis, without immoderate peculiar changes compared to the 2nd quarter.

The southern suburbs of Athens stay among the astir costly areas, with an mean asking terms of 4,091 euros per square meter. Up adjacent are the Cyclades with 3,870 euros/sq m., the bluish suburbs with €3,323/sq.m., Lefkada (€3,230/sq.m.) and Hania, where the mean complaint is €2,878/sq.m. 

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