While prices are rising, the interest of Greeks in buying property is also increasing, with nearly 7 in 10 or 67% declaring interest, more or less, when just a year ago, in May 2024, 51% were declaring indifference. In addition also almost 7 in 10, or 69%, believe that access to lending for home purchase is difficult (42%) to somewhat difficult (27%), a view that seems to confirm the “brake” on mortgage lending.

The data are derived from a sample of 1,500 people interviewed by telephone in the prefectures of Attica and Thessaloniki as part of the survey conducted by the University of Macedonia (PAMAK Research University Institute – Public Opinion and Market Research Unit) for the “Real Estate Market Barometer – What Greeks expect” on behalf of the investment blog iliaspapageorgiadis.com by Ilias Papageorgiadis.

In relation specifically with regards to mortgage rates, 3 out of 4 say that mortgage rates are high (57%) or rather high (18%), lower than the 82% who had the same opinion in the previous May barometer, when 65% said high rates and 17% said “rather high”.