After four years of growth, the inflation-adjusted house price change in Greece turned negative in 2022. As of the fourth quarter of the year, the inflation-adjusted house price declined by ***** percent, while the nominal price rose by *** percent.

Graph and download economic data for Real Residential Property Prices for Greece (QGRR628BIS) from Q1 1997 to Q2 2025 about Greece, residential, HPI, housing, real, price index, indexes, and price.

Key information about House Prices Growth

• Greece house prices grew 7.3% YoY in Jun 2025, following an increase of 6.3% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2000 to Jun 2025, with an average growth rate of 180.0%.
• House price data reached an all-time high of 239.0% in May 2016 and a record low of 170.0% in Nov 2018.

Housing Index in Greece increased to 109.50 points in the third quarter of 2025 from 107.80 points in the second quarter of 2025. This dataset provides the latest reported value for - Greece House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Residential Property Prices in Greece increased 7.31 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Greece Residential Property Prices.

The size of the Greece Property and Casualty Insurance Industry market was valued at USD 2.40 Million in 2023 and is projected to reach USD 3.21 Million by 2032, with an expected CAGR of 4.23% during the forecast period. Recent developments include: December 2022: Chubb announced it was to launch a new technology services center in Thessaloniki, Greece, in early 2023 to deliver innovative technologies that enhance the customer experience, increase efficiency, and accelerate the company's digital transformation., In June 2023, The Ardonagh Group (Ardonagh) expanded into the Greek market through the acquisition of a controlling interest in SRS Group of Companies (SRS), headquartered in Athens, Greece. SRS operates as an independent wholesale reinsurance broker and an MGA platform within its business portfolio.. Key drivers for this market are: Rising Awareness of Risk Management. Potential restraints include: Intense Competition and Regulatory Complexities. Notable trends are: Rising Internet Penetration and Technological Advancements are Driving the Market.

Comprehensive dataset and analysis by BUY GREECE LLC of Greek real estate market trends, investment potential, and region-by-region forecasts including Athens, Athens Riviera (Glyfada, Vouliagmeni, Ellinikon), Mykonos, Paros, Antiparos, Peloponnese (Nafplio, Kalamata, Patra) for 2025-2026.

In the first quarter of 2025, the average residential sale price in Greece ranged between *** euros per square meter and ***** euros per square meter depending on the region. The southern part of Athens had the highest average residential sale price in the country, at ***** euros per square meter, followed by the Cyclades at ***** euros per square meter.

Real residential property prices Y-on-Y, percent change in Greece, June, 2025 The most recent value is 4.8 percent as of Q2 2025, an increase compared to the previous value of 4.34 percent. Historically, the average for Greece from Q1 1998 to Q2 2025 is 1.59 percent. The minimum of -13.75 percent was recorded in Q4 2012, while the maximum of 12.02 percent was reached in Q2 2023. | TheGlobalEconomy.com

Key information about Greece Gold Production

• Greece Real Residential Property Price Index was reported at 94.732 2010=100 in Jun 2025.
• This records an increase from the previous number of 94.044 2010=100 for Mar 2025.
• Greece Real Residential Property Price Index data is updated quarterly, averaging 78.775 2010=100 from Mar 2000 to Jun 2025, with 102 observations.
• The data reached an all-time high of 119.531 2010=100 in Sep 2007 and a record low of 62.127 2010=100 in Jun 2017.
• Greece Real Residential Property Price Index data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Real Residential Property Price Index: 2010=100: Quarterly. [COVID-19-IMPACT]

The Property and Casualty Insurance Market in Greece is Segmented by Type (Home, Motor, and Other Types) and by Distribution Channel (Direct, Agency, Bank, and Other Distribution Channels). The Report Offers Market Size and Forecasts for the Greece Property and Casualty Insurance Market in Value (USD) for all the Above Segments.

The size of the Greece Property And Casualty Insurance Market was valued at USD 7.60 Million in 2023 and is projected to reach USD 9.78 Million by 2032, with an expected CAGR of 3.67% during the forecast period. Recent developments include: December 2022: European Reliance and Allianz Greece announced the formation of an Executive Committee (ExCom) to oversee their joint expansion journey and facilitate the effective integration of the two companies. The composition of the ExCom members has been carefully chosen with the primary goal of ensuring a seamless integration process.., February 2022: The European Commission unconditionally cleared the acquisition of Ethniki Hellenic General Insurance Company S.A. of Greece by CVC Capital Partners SICAV FIS S.A. of Luxemburg. Ethniki offers life and non-life insurance services, insurance distribution, and reinsurance services in Cyprus, Greece, and Romania. CVC and its subsidiaries manage investment funds and platforms and control many companies, including the Hellenic Healthcare Group, which offers private hospital services in Cyprus and Greece.. Key drivers for this market are: Digitalization is Driving the Market. Potential restraints include: Economic Disparities are Restraining the Market. Notable trends are: Technological Advancements are Driving the Market.

Greece Residential Property Prices - Historical chart and current data through 2025.

Greece - House price index was 38.90% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - House price index - last updated from the EUROSTAT on November of 2025. Historically, Greece - House price index reached a record high of 38.90% in December of 2024 and a record low of -27.10% in December of 2014.

Greece - Housing cost overburden rate: Tenant, rent at market price was 37.40% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Greece - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on November of 2025. Historically, Greece - Housing cost overburden rate: Tenant, rent at market price reached a record high of 87.50% in December of 2014 and a record low of 36.00% in December of 2010.

Greece ASE: Market Capitalization: FTSE Athex Real Estate data was reported at 762,366.873 EUR th in Dec 2023. This records an increase from the previous number of 739,962.055 EUR th for Nov 2023. Greece ASE: Market Capitalization: FTSE Athex Real Estate data is updated monthly, averaging 464,600.160 EUR th from Dec 2009 (Median) to Dec 2023, with 168 observations. The data reached an all-time high of 797,382.957 EUR th in Jul 2021 and a record low of 15,485.090 EUR th in Apr 2012. Greece ASE: Market Capitalization: FTSE Athex Real Estate data remains active status in CEIC and is reported by Athens Stock Exchange. The data is categorized under Global Database’s Greece – Table GR.Z002: Athens Stock Exchange: Market Capitalization.

The Greece Property and Casualty (P&C) insurance market presents a steady growth trajectory, exhibiting a Compound Annual Growth Rate (CAGR) of 3.67% from 2019 to 2024, reaching a market size of €7.60 billion in 2024. This growth is fueled by several key factors. Increased awareness of risk and the growing penetration of insurance products, especially in the burgeoning home and motor segments, are driving demand. Furthermore, a strengthening economy and rising disposable incomes are empowering more individuals and businesses to secure insurance coverage. The market is segmented by insurance type (home, motor, other) and distribution channel (direct, agency, brokers, others). While the direct channel gains traction with technology's advancements, traditional channels like agencies and brokers continue to hold significant market share due to established relationships and trusted advice. Regulatory changes promoting market transparency and consumer protection could further influence the landscape. Competition among major players like Allianz Greece, AXA Greece, and Ergo Insurance, amongst others, remains intense, spurring innovation and service improvements. Looking ahead to 2033, the market is projected to continue its moderate expansion. While the specific market size for 2033 is not provided, extrapolating the CAGR of 3.67% from the 2024 value of €7.60 billion indicates a significant increase in market value over the forecast period. The continued growth will depend on factors such as economic stability, government policies, and the success of insurers in adapting to evolving consumer expectations and technological disruptions. The motor insurance segment is anticipated to remain dominant, given the rising vehicle ownership and usage in Greece. Furthermore, evolving risk profiles (e.g., climate change impacting home insurance) will necessitate adaptation and new product offerings. Recent developments include: December 2022: European Reliance and Allianz Greece announced the formation of an Executive Committee (ExCom) to oversee their joint expansion journey and facilitate the effective integration of the two companies. The composition of the ExCom members has been carefully chosen with the primary goal of ensuring a seamless integration process.., February 2022: The European Commission unconditionally cleared the acquisition of Ethniki Hellenic General Insurance Company S.A. of Greece by CVC Capital Partners SICAV FIS S.A. of Luxemburg. Ethniki offers life and non-life insurance services, insurance distribution, and reinsurance services in Cyprus, Greece, and Romania. CVC and its subsidiaries manage investment funds and platforms and control many companies, including the Hellenic Healthcare Group, which offers private hospital services in Cyprus and Greece.. Notable trends are: Technological Advancements are Driving the Market.

This statistic shows the revenue of the industry “real estate activities“ in Greece from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of real estate activities in Greece will amount to approximately ******** million U.S. Dollars by 2025.

In 2023, the turnover of the real estate industry of Greece was about 3.65 billion Euros. Between 2021 and 2023, the turnover rose by approximately 1.59 billion Euros.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.