Apartment prices in Greece rose by 13.4% in 2023, compared to an 11.9% rise in 2022, according to data by Bank of Greece published on Tuesday.

In 2023, the average price inflation rate for old apartments was 12.4%, as opposed to the 12.5% equivalent for 2022, while the price inflation rate for old apartments was 14.2% in 2023 and 11.6% in 2022.

In terms of location, the fourth quarter of 2023 saw that, compared to 22, apartment prices rose by 10.8% in Athens, 14.6% in Thessaloniki, 13.9% in other large cities, and 11.2% in the rest of the country — compared to 2022, this means that for the same quarter, prices rose by 13.7%, 16.2%, 14.5%, and 10.8% respectively.

The average yearly price inflation for 2023 overall was be at 13.9%

Source: Ekathimerini.com