According to eKathimerini, asking prices for residential property in Greece increased by 7.9% year on year in the first quarter of 2026. Rental rates also continued to rise, gaining approximately 4.2–4.9% compared with the same period last year.

📊 It is important to clarify that these are asking prices, meaning the prices at which properties are listed on the market, rather than final transaction prices. Even so, the data shows that owners continue to raise their price expectations, while buyer demand remains strong enough to prevent the market from moving into correction.

📍 In some parts of Athens and the wider metropolitan area, asking prices for homes rose far more sharply than the national average. The steepest increase was recorded in Ymittos, where asking prices climbed by 36.4% year on year. Prices also rose by more than 20% in Drosia, Tavros, Dafni, and Agia Varvara.

🏙 Thessaloniki also deserves special attention. In the first quarter, asking prices for homes there rose by 9.7%, while rental prices increased by 6.6%.

📈 In the rental market, growth at the national level was more moderate than in the sales segment, but at the local level it remained highly noticeable. In some areas of Attica, rents increased by around 20% or more. For example:

— rents in Ymittos rose by 22.4%;
— rents in Perama increased by 20.2%;
— notable increases were also recorded in Acharnes and Haidari.

🏗 The structure of demand is also noteworthy. The faster growth in purchase prices compared with rents suggests that the market is being driven not only by owner-occupier demand, but also by investment demand.

💶 Another telling indicator is mortgage lending. Borrowers in Greece have started taking out larger mortgage loans relative to property values. In other words, buyers are adapting to higher prices by taking on greater credit exposure.

⚖️ As a result, the Greek housing market currently appears to be one where growth remains broad-based across both regions and segments.

🔎 You can explore property in Greece for investment or living on our website.