Greek real estate prices are set to decline further in 2012, with the most conservative estimates putting the drop between 5 and 10%, as daily Kathimerini reports.
The impact is expected to be greater regarding older properties, which are in increasing supply. It is worth noting that, according to a recent Eurobank EFG report, Greek property prices are down 14% from their peak in the first quarter of 2008…………………………………….Full Article: Source