September 2026 at a Glance

House Prices and Trends

The national house price index for Greece rose 5.5% year on year in Q2 2026 and was +1.3% against the previous quarter, according to BIS, Residential property prices (nominal). A year earlier the annual rate was +8.1%, so growth has cooled over twelve months. The latest quarter shows annual growth decelerating from its previous reading — a sign that the upswing is maturing.

House price index, % change year on yearQ3 2024+8.6%Q4 2024+7.4%Q1 2025+7.6%Q2 2025+8.1%Q3 2025+8.8%Q4 2025+8.7%Q1 2026+6.6%Q2 2026+5.5%

Financing and Interest Rates

The European Central Bank’s policy rate was 2.25% in August 2026 (BIS, Central bank policy rates). Rates are 0.25 points higher than a year ago, which raises the cost of borrowing and tends to cool price growth with a lag of two to four quarters. The average rate on new mortgages to households in Greece was 3.27% in July 2026 (ECB, Bank interest rates — loans to households for house purchase (MIR)), compared with 3.53% a year earlier.

Greece in the News

• Delta Sonic completes purchase of Long Pond property in Greece – Rochester Business Journal (Rochester Business Journal, 16 Sep 2026)
• Greece Golden Visa: Choosing Between Real Estate and Deposits – CEOWORLD magazine (CEOWORLD magazine, 22 Sep 2026)
• Bank of Greece paper suggests Golden Visa reform shifted property activity nearby – ABC17NEWS (ABC17NEWS, 22 Sep 2026)
• Delta Sonic buys site near Greece Wegmans for $5.75M – Democrat and Chronicle (Democrat and Chronicle, 19 Sep 2026)
• Greece Plans 15% Property Transfer Tax for Non-EU Buyers: What Could It Mean for Golden Visa Investors? – Get Golden Visa (Get Golden Visa, 9 Sep 2026)
• The Sectors Driving Greece’s Growth as Real Estate Activity Plunges 41% – GreekReporter.com (GreekReporter.com, 7 Sep 2026)

Reading the Trend

What to watch next month

• The next quarterly release of the house price index for Greece (Q2 2026 is the latest) — whether annual growth keeps slowing.
• Upcoming decisions by the European Central Bank — any move from 2.25% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Sources

• BIS, Residential property prices (nominal)
• BIS, Central bank policy rates
• ECB, Bank interest rates — loans to households for house purchase (MIR)
• Headlines via Google News RSS; content belongs to the linked publishers.

Previous edition: Greece Property Market Report — August 2026

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.