Greek residential property prices notched new records in 2025, exceeding pre-crisis 2008 levels after a 7.8% annual increase, according to Bank of Greece indices, with the national market up 87.6% from 2017 lows and now 8.1% above the prior peak.
Attica region led the long-term recovery at 104.5% since bottoming, though 2025 growth slowed to 6.2% from 8.6% in 2024, while Thessaloniki rose 9.6% for the year and 8% in Q4.
Regions outside the Capital took the lead in 2025 prices growth, with other major cities up 9.8% annually (10.5% Q4 2025) from 7.6% in 2024, and tourist areas gaining 8.8% from 10.9%.
Attica’s Q4 2025 growth stood at 5.9%, with new apartments up 7.4% and older stock 7.8% annually. Thessaloniki’s 99.4% rise since 2017 now exceeds 2008 by 6.2%, other cities stand 3% above prior highs, and the rest of Greece 1.2% higher,— the first post-crisis surpassing of 2008 peaks.
