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House Price Index in Greece, Athens (2007=100)

Greece, Athens

Source: Bank of Greece

House prices in Greece's urban areas, % change 1 yr

Nominal and inflation-adjusted ('real')

Greece, Athens

Source: Bank of Greece


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20234.23%-0.33%2.52%0.67%
20221.57%-1.37%4.5%3.12%
20214.39%1.26%3.1%-2.03%
20204.13%1.11%3.22%-0.11%
20195.32%2.71%3.08%0.22%
20181.63%-0.58%2.27%0.19%
2017-0.57%-0.92%1.04%-0.82%
20162.36%-2.04%0.51%-1.24%
20150.66%-3.97%-0.37%-0.73%
2014-1.72%-4.08%1.81%-1.06%
2013-1.17%-4.87%0.91%-4.57%
2012-2.29%-5.03%-1.52%-5.77%
2011-0.62%-4.26%-0.13%-5.8%
2010-0.57%-4.73%-3.68%-1.8%
2009-2.79%-1.75%-1.27%-0.37%
2008-0.59%-2.16%-0.48%-0.36%
20071.54%-1.88%2.33%-1.66%
20064.46%0.72%1.11%2.19%
20051.48%0.34%1.98%1.21%
2004-1.16%-2.16%2.24%1.66%
20032.28%-3.62%1.34%-1.44%
20025.23%5.32%-0.18%-0.72%
20015.56%2.61%3.66%0.42%
20004.07%1.33%3.83%1.98%
19992.77%1.06%3.31%2.26%
19983.04%2.07%2%2.27%
19970.22%3.96%2.5%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.