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Piraeus Bank Real Estate Report: Sellers Have the Upper Hand, Buyers Fear New Appreciations

Summary by Protothema
Greeks still expect increases in housing prices, albeit at a slower pace - Piraeus Bank survey records a shift in expectations in the third quarter, with greater concern about the future

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Greeks still expect increases in housing prices, albeit at a slower pace - Piraeus Bank survey records a shift in expectations in the third quarter, with greater concern about the future

·Marousi, Greece
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The third quarter of 2026 sees a notable shift in expectations.

The housing climate in the third quarter reached its lowest level since 2023, at 43.6 points, while recording its largest annual decline, according to the report.

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The housing climate in the third quarter reached its lowest level since 2023, at 43.6 points, while recording the largest annual decline in

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The real estate market plays a key role both economically and socially. For this reason, it is essential to monitor developments in this sector with the greatest possible attention. From official statistics we can derive a series of information mainly regarding prices, new constructions and the level of housing stock. However, the major disadvantage of official statistics is that they are unable to capture in real time the changes in the subject…

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The new survey by Piraeus Bank reports difficulties in the housing market, fears of new appreciations and greater concern about incomes and mortgage interest rates.

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Business Daily broke the news on Tuesday, November 3, 2026.
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