Greece Insights: Residential Market Update
11 February, 2021
By Arbitrage Real Estate (Greece)
In 2020, as a result of shutdown measures to contain the coronavirus pandemic, economic activity experienced a massive plunge as domestic consumption, demand for trade and services and supply of finance were severely disrupted. This had a profound impact also in residential real estate market. The government restrictions to social mobility brought disruption in the transactional activity, which we anticipate continuing until mid of 2021, when solid signs of the end of the pandemic crisis are likely expected.
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