EU 97.13
· European ranking
7 / 27
Up 5 positions compared with previous year
Greece: Home Price Affordability
An editorial snapshot of country living conditions with trend, regional spread, and context links.
Latest value
· 2024
107.40 Index, long-term average = 100
EU 97.13 · +10.3 pp vs Europe
What this indicator measures
Measures the relationship between house prices and household income as a standardised index, with the long-term average set to 100. Values above 100 indicate that house prices are high relative to income compared with that long-term average.
Lower values generally represent a more favorable situation.
Data source: Eurostat House price to income ratio tipsho60
Explore this indicator
Internal regions
No regional breakdown available for this indicator.
More context on this indicator
At a glance
Greece performs less favourably than the European benchmark on House price to income ratio, with a large gap. The trend context points to confirmed deterioration. The wider topic context points to broader pressure.
European comparison in Greece
In Greece, Price to income stands clearly worse than the European benchmark: 107.4 index points versus 97.1 index points in 2024, a large gap of 10.2 index points.
Recent trend
In Greece, the medium-term pattern shows deterioration: the value moved from 88.15 in 2019 to 107.37 in 2024. The latest step, from 102.47 in 2023 to 107.37 in 2024, confirms the deterioration. The recent signal has similar intensity to the primary one.
Reading within the topic
In Greece, the evidence for Housing & Energy Stress leans towards pressure compared with Europe; related indicators do not provide a sufficiently strong counter-signal. Recent changes among related indicators are also mixed, with improvement in some and deterioration in others.