Greek housing affordability hits crisis-era levels as prices outpace income

OECD data shows Greece's house price-to-income ratio reached 109.5 in 2025, approaching the 2012 crisis peak of 114.1, with an upward trend indicating prices are rising faster than incomes. This signals deteriorating housing affordability, potentially constraining household consumption and adding to social pressures, though it also reflects sustained demand and investment in Greek real estate.