According to recent data released by the Bank of Greece, apartment prices are continuing their upward trajectory, with an average increase of 7.6% projected for the fourth quarter of 2025 compared to the same period in 2024. This growth reflects a slightly lower annual increase rate of 7.8% for the year 2025, compared to a higher increase of 9.1% in 2024. The analysis indicates rising prices for both new and older apartments, revealing a robust real estate market.

Specifically, the price increase for new apartments, defined as those up to five years old, is estimated at 7.4% for the fourth quarter of 2025 compared to the same quarter in 2024. Meanwhile, older apartments, those over five years old, are experiencing an even greater price increase of 7.8%. For 2025, the average annual growth rate for new apartments is expected to be 7.4%, down from 10.2% in 2024, while the average growth rate for older apartments is projected at 8.1% for 2025, slightly down from 8.4% in 2024.

The report also hints at geographic variations in price increases, specifically mentioning the situation in Athens, where the demand and pricing trends may differ due to urban dynamics. The continued rise in apartment prices may impact housing affordability and investment trends in the region, making it a significant trend to monitor going forward.