Sales of pre-owned homes dropped 3.3% in June compared with May, running at a seasonally adjusted annualized rate of 4.16 million units, according to the National Association of Realtors.

The property owned by the AUTH, at 2 Taskou Papageorgiou Street, will operate as a boutique hotel-type short-term rental space.

TITAN Group announces the launch of a Venture Capital initiative aimed at fostering innovation within the construction ecosystem. Through this initiative, TITAN aims to invest up to $40 million in the medium term and forge partnerships to bolster its growth strategy.

Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year, according to a new research report by real estate services company Savills.

Intense investment inrest from companies mainly from the hotel sector from Greece and abroad, in the first phase of the tender for the long-term lease of one of the most important buildings in Athens. The Bodosakis Mansion, on behalf of the Bodosakis Foundation, by the well-known consulting company Savills Hellas, was completed with a few days' extension.

The portfolio of 186 properties of "Project Arrow" is being gradually transferred to Techniki Olympiaki

The Hellenic Statistical Authority (ELSTAT) with a sectoral publication, presents the map with the evolution of the turnover of μenterprises classified in the Accommodation and Food and Beverage Service Activities divisions.

The Hellenic Statistical Authority announces the Turnover Index in Industry with base year 2015=100.0 for May 2023, the evolution of which on the basis of provisional data, is as follows:

Athens Beach Club S.A. investment company and Tanweer Alliances, a film and television distribution company, have been both declared successful bidders in the tender to develop and reform the beachfront of Voula, a southern suburb of Attika.

In the first quarter of 2023, industrial producer prices fell by 2.2% compared with the last quarter of 2022. During the same period, construction producer prices increased by 2.2 % while services producer prices were up by 0.3 %.

Inflation in the U.K. remains the most severe of all major economies and is still well above the Bank of England’s 2% target. But data Wednesday showed the rate fell to 7.9% in June on an annual basis, from 8.7% in May.

In a historic day, EuroAsia Interconnector has awarded Nexans, a leader in the design and manufacturing of cable systems and services, the submarine cable contract valued at €1.43 billion for the section of the EuroAsia Interconnector that connects Cyprus and Greece.

Builder sentiment in the market for single-family homes rose 1 point in July to 56, according to the National Association of Home Builders/Wells Fargo Housing Market Index.

For the first time in 13 years, housing ministers met in 2022 at an informal EU ministerial meeting on housing in Nice. The result confirmed that we have entered an era of renewed public action on housing, a new dynamic accelerated most recently by the pandemic and the impact of the war in Ukraine.

Crisis-hit Chinese property giant Evergrande has revealed that in 2021 and 2022 it lost a combined 581.9bn yuan ($81.1bn; £62bn).