Bank of Greece Records 5.5 Percent Annual Rise in Residential Prices

The Bank of Greece recorded an average annual increase of 5.5 percent in residential property prices across the country in the second quarter of 2026. Market participants expect the upcoming Spiti mou III program to drive prices higher still because the age limit for eligible homes has not been adjusted.

Bank of Greece Records 5.5 Percent Annual Rise in Residential Prices

Price growth confirmed by central bank

The Bank of Greece data show residential prices rose 5.5 percent year on year nationwide during the April-to-June period. The figure reflects continued demand in both urban and regional markets.

Spiti mou III expected to add pressure

The new round of the Spiti mou subsidy scheme is set to launch without changes to the maximum age of properties that qualify. Industry observers say this unchanged rule will channel additional buyer demand into the existing stock and support further price gains.

Other items in Wednesday’s NEA

The same edition covers the Greek police investigation into alleged misuse of public funds, with the report stating that the “epiteliko Kratos” proved to be an institutional shell for directing money to specific recipients. It also includes statements by former U.S. Secretary of State Blinken that all Gulf countries seek an agreement with Iran. Further coverage addresses Israel, where Trump is sending a huge quantity of bombs described as among the most destructive in the U.S. arsenal, a fourth measles-related death in Pennsylvania where all victims were unvaccinated including two infants, and the note that the war has cost the United States 38 billion dollars with additional concern over reduced stockpiles. New public-service infrastructure such as a refreshment room, sales point, visitor rest areas and child activity spaces is also mentioned.

Key takeaways

  • Bank of Greece: 5.5 percent average annual residential price increase nationwide in Q2 2026.
  • Spiti mou III launches without adjustment to property age limits, expected to add upward pressure on prices.
  • Wednesday’s NEA also reports on police funding probe, Blinken remarks on Gulf-Iran talks, U.S. arms shipments, Pennsylvania measles death and war costs to the United States.

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