Apartment prices rose by 5.5% in the 2Q2026

Specifically, apartment prices rose by 6.2% for newly built properties (up to 5 years old), while the increase for older apartments (over 5 years old) stood at 5.0%.

This trend follows an 8.3% price rise in 2025—based on revised data—compared to a 9.1% increase in 2024. For new apartments, the average annual growth rate eased to 7.8% in 2025 from 10.2% in 2024, whereas for older apartments, it rose to 8.6% from 8.4%.

“Other regions” lead the way

Significant variations are observed across geographic regions. The largest increase was recorded in the country’s “other regions,” where apartment prices rose by 7.1% year-on-year.

These were followed by other major cities with a 5.4% increase, Athens with 5.0%, and Thessaloniki with 4.7%. The picture differs significantly from that of 2025 as a whole. At that time, prices rose by 6.6% in Athens, 9.7% in Thessaloniki, 10.3% in other major cities, and 9.6% in the rest of the country.

5.3% rise in urban areas

Across the country’s urban areas, apartment prices increased by 5.3% in the second quarter of 2026 compared to a year earlier. For 2025 as a whole, the average annual increase in urban areas had stood at 7.9%.

Bank of Greece data thus indicate that the Greek housing market remains on an upward trajectory, albeit with a clear slowdown in the rate of price growth. Of particular interest is the shift in momentum from major urban centers to other parts of the country, where the highest annual increase was recorded during the second quarter.