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Greek house prices fell 4.3pct in third quarter, Central Bank says

Posted on 24 November 2010

From Bloomberg: Greek house prices declined 4.3 percent in the third quarter of 2010 from a year earlier as fewer Greeks bought property with the country in its second year of recession.
Prices fell 3.1 percent in the capital Athens, and 9.7 percent in Thessaloniki, Greece’s second-biggest city, according to a report published today by the Bank of Greece on its website. Prices dropped 5.9 percent in other major Greek cities and 2.7 percent in the rest of Greece in the third quarter……………………………………….Full Article: Source

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