Greece apartment prices rise 5.5% in Q2 as regional growth outpaces Athens

Apartment prices in Greece remained on an upward path in the second quarter of 2026. Provisional Bank of Greece data show a 5.5% year-on-year increase nationwide. New apartments, defined as properties up to five years old, rose 6.2%, while older apartments increased 5.0%. The figures confirm continuing appreciation, although the national rate is below the average annual increase of 8.3% recorded for 2025.

The regional pattern is particularly important. Prices increased 5.0% in Athens and 4.7% in Thessaloniki. Other large cities recorded 5.4%, while other areas of Greece rose 7.1%, the strongest result among the geographic groups published by the central bank. The data suggest that price growth is no longer concentrated only in the two largest urban markets and that regional housing demand remains capable of supporting faster increases in some parts of the country.

The figures are based on property valuations reported by Greek credit institutions and are provisional. They therefore provide a broad market indicator rather than a transaction-by-transaction measure. For buyers, the main implication is that a slower national rate does not mean uniformly weaker conditions. Athens and Thessaloniki are growing more moderately, while several regional markets are still recording stronger annual price increases. Property age also remains relevant, with newer apartments continuing to rise faster than older stock.