Sectors
![Newbuilts' prices up even more than 70% from 2017 to 2023 Newbuilts' prices up even more than 70% from 2017 to 2023](/media/blog/akinita100.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
An important factor for the rapid increase in sales prices is the ever-increasing cost of construction and energy.
![Homeownership has resulted in a net wealth increase for Eurozone households Homeownership has resulted in a net wealth increase for Eurozone households](/media/AAA JPG/spitia athina.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
Household net wealth in euro area increased by 29% over last five years, with homeowners’ net wealth increasing more than that of non-homeowners.
![Unite Students begins construction on new £185m student development in London Unite Students begins construction on new £185m student development in London](/media/blog/Stratford-student-property.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
Hawthorne House is being built in Farthingale Walk, Stratford, and is replacing the former office block Jubilee House, which has now been demolished.
![Rents for Greek commercial properties increased in first half of 2023 Rents for Greek commercial properties increased in first half of 2023](/media/blog/OFFICE_PANEPISTHMIOU.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
In 2023 H1, the rate of change for prime retail prices for the entire country stood at 4.2% and for retail rents at 3.9%, compared with 2022 H2.
![Meliá Hotels International observed consistent upward trend in Greek tourism industry Meliá Hotels International observed consistent upward trend in Greek tourism industry](/media/AAA JPG/Cosmopolitan_Zeus Hotels.jpg?width=1024&height=480&rmode=crop&quality=75&format=jpg&token=aFeh5jvY9uZydUiAe844YQV%2F0UNSuhy3OHHZjnqgbDU%3D)
Crete and Rhodes seem to continue to dominate the markets of Germany, France, the United Kingdom, Poland and Scandinavia in 2023.