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Property Prices

Cyprus property prices rise

The RICS Cyprus Property Prices Index for the second quarter of 2016 includes price changes in holiday homes for the first time with prices in both residential properties and holiday homes rising.

Home prices continue to fall

Home prices in Cyprus are continuing to fall according to the Cyprus Statistical Service’s ‘Home Price Index’ and Eurostat’s ‘House Price Index’, both of which have been released in the last few days.

Cyprus Central Bank home prices Q1 2016

The Cyprus Central Bank has published its residential home price indexes for the first quarter of 2016 recording a fall in house prices over the quarter of 1.3 per cent and a rise in apartment prices of 0.6 per cent.

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.

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