House price to income ratio in Greece 2012-2024, per quarter

Published by Statista Research Department, Aug 27, 2024

The house price to income ratio in Greece in the first quarter of 2024 increased since 2019 when it reached its lowest value. The ratio measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. The index score in the first quarter of 2024 amounted to 116.5, which means that house price growth had outpaced income growth by 16.5 percent since 2015. This was lower than the average house price to income ration in the Euro area 16.

House price to income ratio in Greece from 1st quarter 2012 to 1st quarter 2024

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Release date

August 2024

Region

Greece

Survey time period

Q1 2012 to Q1 2024

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