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Property Statistics

Cost of Construction up 3.9%

According to CYSTAT data released on Monday, the Building Material Price Index recorded an increase of 3.9% in September 2006. Specifically, the price of electromechanical and industrial products showed an increase of 4.7% and 4.5% respectively, the increase in the price of oil products fell to 4.3% and the price of timber, stones and quarry […]

Construction Output Accelerates in Quarter 2

Construction output in Cyprus accelerated in the second quarter of 2006 and also rose faster than initially estimated in the first quarter, according to the latest figures from the Statistical Service. The construction output index in the second quarter reached 138.8 units (base year 2000=100.0), recording an increase of 6.9% over the second quarter 2005. […]

Construction cost up 72.9% in 6 years

According to CYSTAT (the Cyprus Statistical Service) data released on Thursday, the construction cost in Cyprus soared 72.9% in the past 6 years. In the second quarter of 2006, the producer price index stood at 171.2 points against 99 points in the corresponding period of 2000. Compared with the second quarter of 2005, the producer […]

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