Real estate market

The real estate market has an important bearing on macroeconomic developments and financial stability.

Systematic monitoring of real estate market developments and prospects are therefore very important for both a comprehensive analysis of the macroeconomic conditions and prospects of the Greek economy and the effective exercise of the Bank of Greece’s supervisory tasks.

To this end, the Bank of Greece compiles Real Estate Price Indices by using primary data/estimates about values and quality features of both residential and commercial properties.

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