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Property Prices

Cyprus home prices fall 3.4 per cent

The Cyprus Statistical Service (CYSTAT) reported that the price of houses in Cyprus fell 3.4 per cent in the first quarter of 2016 in the first issue of its House Price Index issued earlier today.

Cyprus property prices recovering

The RICS Cyprus Property Price Index for Q1 2016 reports increases in almost all districts and property types, with significant increases recorded in Paphos and Famagusta, while prices other urban areas are gradually bottoming out.

Cyprus house prices fall

House prices in Cyprus fell marginally in the fourth quarter of 2015 compared with the fourth quarter of 2014, but by more than 4 per cent compared with the previous quarter according to a Eurostat news release.

Central Bank hopeful on property prices

The Cyprus Central Bank considers that improvements in the local economy and financial conditions will have a positive effect on residential property prices according to its latest Residential Property Price Index.

Property price falls slowing

Cyprus property prices have been in decline since the bubble burst in 2007, but it seems that prices are very close to bottoming out according to the latest RICS Cyprus Property Price Index.

Property prices rose in third quarter

Property prices in Cyprus rose 2.5 percent during the third quarter of 2015 compared with the corresponding period of the previous year according to figures published on Wednesday in a Eurostat news release.

Price falls at very low levels

The Cyprus Central Bank’s Residential Property Price Index for quarter 3 2015 reports that the decline in the general housing price index (houses and apartments) fell by 0.3 per cent over the quarter.

Cyprus property prices stabilising

Although Cyprus property prices continued to fall during the third quarter of 2015, there are signs that they may be stabilising in some areas according to the RICS (Royal Institution of Chartered Surveyors) Cyprus Property Price Index.

Cyprus property prices rising

House prices in Cyprus rose during the second quarter of 2015 according to figures published earlier today by Eurostat, the statistical office of the European Union, contradicting both recent reports by the Cyprus Central Bank and RICS (Cyprus).

Property prices falling more slowly

The latest residential property price index published by the Cyprus Central Bank reports that house prices are falling more slowly and the CB expects them to stabilise around 2006 levels.

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