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  Economy  |  Residential  |  International  |  Analysis
 China's property sector worsened in August

For August, property investment fell for the 18th straight month, down 19.1% year-on-year from a 17.8% slump the previous month.

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Severe property stock shortages in Thessaly even before the recent disaster

Few properties available to meet the needs of flood victims.

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Submission deadline for the "Execonomo- Renovate for young people" applications set on November, 15

The program covers eligible costs of up to €35,000 for the energy upgrade and renovation of a residence.

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The Athenian Riviera outpaces the traditionally sought-after Mykonos

Viewings have increased in the first half of 2023 vs the same period last year, partly linked to the increased number of leads according to Sotheby’s International Realty.

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The first phase of the Hines project in Voula begins in November

The project that "split" the Athenian Riviera will deliver 250 to 350 apartments and houses as well as amenities such as gyms, swimming pools, playgrounds, underground parking and security.

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High mortgage rates in the US freeze remortgages and property transactions

Ηomeowners already paying a lower interest rate may be reluctant to move and refinance at a higher rate.

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Soaring rents observed in prime residential markets

Capital values grew on average by 1.1% across the 30 cities included in the Savills World Cities Prime Residential Index in H1 2023.

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Mortgage demand from homebuyers to the lowest level in 28 years

Soaring mortgage interest rates are weighing on the demand

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Mortgage rates in the US hit their highest point since 2000

The average rate on the popular 30-year fixed mortgage hit 7.48%.