Are Property Prices Going Down?

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Are Property Prices Going Down?

Greek Real Estate Market

2021 has been an especially volatile year for the property market – growing demand from lockdown savers coupled with less houses going up on the market had led to an upset equilibrium between supply and demand. However, heading into the new year buyers can expect a gradual decline in property prices.

As we head into the Christmas period there is a less property going up on the market, as people are reluctant to move over the festive period. Therefore, buyers should hold off until early in the new year as supply begins to level off with demand.