Greek Real Estate market: Prices and activity decline escalates, uncertainty increases | Eurobank
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• The fall of residential real estate prices escalates (-11.7% in 2012), with rents also falling.
• Residential real estate activity remains weak as uncertainty surrounding the economy, future taxation, the legal values system and the foreclosures framework prevails.
• Investment and employment in residential construction have fallen to the lowest level of the past 12 years...