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Sales prices for residences up +86% since 2017 – The crazy real-estate rally continues
The National Bank reports a new strong increase in housing prices this year, with cumulative appreciation from the lowest valuation point—specifically from the third quarter of 2017—reaching +86%. After Athens, Thessaloniki also hits its peak
Deposits increased, loans decreased in October, according to the Bank of Greece
Deposits of insurance companies and other financial institutions fell by €38 million, compared to a decrease of €244 million in the previous month
Why thousands of houses “disappeared” from the market – The three reasons identified by the Bank of Greece
Prices are soaring, rents are skyrocketing, but available properties are dwindling – Data from the Bank of Greece’s Financial Stability Report
Bank of Greece: Housing burden in Greece in the red – Up to half of a salary goes to housing costs
Significant deterioration in the price-to-income ratio over the last decade – Burden especially severe for vulnerable groups – Rising rents worsen the situation
Stournaras: The deal between Alpha Bank & Unicredit shows that Greece is back – What he “sees” for ECB interest rates
If the economy deteriorates and inflation falls sustainably below 2% we will move to cut interest rates, but "we will go meeting by meeting to see what we do next", Stournaras told Bloomberg TV
