The factors that will determine the Greek real estate market
In the Greek real estate market, rents continue their upward trend, inflation in construction materials is running faster than the average index, construction activity is shrinking due to pending issues in the New Building Regulation, and sales prices are reaching new historic highs. Critical parameters include the government's efforts to stimulate the supply of real estate, the course of interest rates, and the prospect of utilizing more European funds to cover housing needs. Investors are cautious at this stage, as sales prices and construction costs are at their highest level ever, increasing the risk. Below are presented the main parameters, according...
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