All reports tagged with: "property price"
Further decline in property prices
The Central Bank of Cyprus anticipates that property prices will continue to fall in 2010 according its June economic bulletin and warns that the risks to the banks will be greater if the slump in property prices is higher than expected.
Dark clouds loom over Cyprus property market
An economist report has highlighted a number of significant problems in the Cyprus property market and warns that prices have still to fall from their already depressed levels before they bottom out.
Property prices in Cyprus ‘distorted by local factors’
The high prices of property in Cyprus – especially houses compared to apartments – are caused by a range of distortions in the local market, according to views canvassed by the Cyprus Mail.
Is property in Cyprus overpriced?
In the wake of Cyprus’ remarkable real estate boom many people believe that property on the Island is overpriced. Here is a simple test to see if they are correct.
RICS Cyprus property price index published
Earlier today, RICS Cyprus published the first issue of its property price index which is based on a methodology developed by Reading University in the UK.
RICS Cyprus property price index
Designed by Dr Pat McAllister from the Reading University Department of Real Estate & Planning, the RICS (Cyprus) property price index will be launched on Friday 29 January in Nicosia.
No margin for further price reductions
The chairman of the Cyprus Land & Building Developers Association has said that there is no margin for making further cuts in property prices and that external demand may improve if Cyprus overcomes the problem with Title Deeds.
Concerns over the Cyprus property price index
Concerns have been raised by the Chairman of the Association for the Promotion of Property Developments about the future of the Cyprus Property Price Index and the involvement of the banks in its preparation.
Cypriot developers must address issues to compete internationally
To compete in the international property market, Cypriot developers must address issues such as escrow deposits, Title Deeds, planning and bank guarantees.
Stimulate Cyprus property sales by lowering prices
If developers in Cyprus want to stimulate property sales, they must lower their prices. Economic conditions have changed dramatically over the last year and people are not prepared to pay the same prices today as they were a year ago.
