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Southern Europe recorded the largest annual decrease in total investment volume in Q2 2023

According to Savills total investment volume for the second quarter of the year will be around €33bn, will represent a 57% drop compared to the same period last year.

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June home sales drop to the slowest pace in 14 years in the USA

Compared with June of last year, sales were 18.9% lower. That is the slowest sales pace for June since 2009.

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Rents in prime residential areas increased in the first half of 2023

In which areas have increased the most according to a report by Savills.

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Rents rise, house prices fall in the EU in the first quarter of 2023

Compared with the first quarter of 2022, rents and house prices in the EU increased with a 2.9% rise in rents and a 0.8% increase in house prices.

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Real estate market hurdles challenge small and startup businesses

Svills in a recent study found that a co-working space is 40% cheaper than a traditional space.

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Greek construction sector was recorded soaring in 2022, descent market conditions in the rest of Europe

The Construction Production Index in Greece was increased by 23% in 2022 compared to an increase of 6% in 2021.

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Low housing supply squeezes home prices up

Nominal prices of apartments in the first quarter of 2023 were increased compared to the corresponding quarter of 2022 by 14.5%.

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OTE ESTATE's real estate portfolio value topped €1 billion

Renovation works at OTE' premises in Marousi are nearing completion

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Building permits for the Private Building Activity up 34,2% in March 2023

The building permits for the Private Building Activity issued in Greece in March 2023 amounted to 2,671.

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  News Economy  |  Tourism  |  Hotels  |  Analysis  |  Hotels
Greek Travel & Tourism sector is projected to near pre-pandemic levels in 2023

The sector is set to contribute €39.2 billion to the Greek economy by the end of 2023.