Published at: 2017-05-12 10:54 | Author: Nikos Roussanoglou
The worst is over for Greece‘s residential market, but the fragile market is still sensitive to the economic headlines
Greek residential prices appear to be bottoming out, having suffered a nearly 39 percent drop since 2008. New figures released for the fourth quarter of 2016 suggest that the situation in Athens (where the majority of sales volume is concentrated) was even worse, with prices plummeting an astonishing 42.7 percent. Even Greece’s second largest city, Thessaloniki, was hammered with a 41 percent drop.

However, in its latest annual report, the Greek real estate company Eurobank Property Services,...

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