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House prices in Athens, Greece (1997=100)

December, 07, 2022

Greece

House prices in Athens, Greece We use the Bank of Greece's quarterly index of prices of dwellings for Athens, stretching back to 1997. There is also an index for urban areas.

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

Nominal and inflation-adjusted ('real')

Greece

Source: Bank of Greece


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20220.95-2.233.78
20214.141.283.22-2.68
20203.290.812.63-1.31
20194.021.183-0.88
20181.34-0.841.740.13
2017-0.44-1.321.15-0.85
20162.31-2.080.15-0.91
20151.21-4.15-0.95-0.81
2014-1.03-2.910.32-0.33
2013-0.43-4.370.19-3.61
2012-3.36-4.06-1.81-5.27
20110.13-3.77-0.67-5.12
2010-1.37-5.51-3-2.13
2009-3.29-1.29-0.4-1.17
2008-0.26-2.20.73-0.79
20070.39-1.111.67-1.85
20064.030.392.672.52
20053.131.083.381.28
2004-0.47-1.492.320.22
20031.26-2.412.12-0.82
20024.043.041.330.19
20015.061.223.290.8
20002.440.683.390.85
19992.020.342.760.91
19984.15-0.011.971.47
1997-0.582.922.81

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.