
According to Eurostat data, Greece ranks first in the share of housing costs on disposable income. At 10.6% of the population Europeans pay more than 40% of their income for housing.

Important factors of uncertainty are geopolitical instability, increased inflation, high construction costs, and the deterioration of household purchasing power

The annual ranking highlights countries and regions outside the United States that are making significant strides in sustainable building design, construction and operation.

Mortgage and real estate markets have undergone several shifts since the global financial crisis and the pandemic.

According to the "Danos Group Property Market Overviews for the 2nd Semester of 2023", average house sale prices in the Crete has been stabilising.