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All reports tagged with: "recovery"

Weak recovery in overseas property sales

The recovery in the Cyprus overseas property market is still very weak and estate agents are looking for new markets as a result of the drop in demand.

Cyprus overseas property market recovery faltering

The recovery in Cyprus’ beleaguered overseas property market may be faltering according to the latest figures released by the Department of Lands and Surveys.

Cyprus property sales statistics (April 2010)

Property sales in April indicate that the recovery of the Cyprus property market may have faltered, although it is not clear why this has occurred.

Cyprus property sales: December 2009 report

The number of properties being sold in Cyprus improved marginally last month. However, demand is still very low compared to previous years and some believe the Island’s property market will never return to the heady days of 2007.

Cyprus construction sector shows signs of recovery

According to the latest figures from the Cyprus Statistical Service (CYSTAT) building permits for the construction of 2,125 residential properties were authorised in June 2009; up 28% on the 1,659 authorised in June last year.

Cyprus property sales stage slight recovery

Figures published by the Land Registry report that the number of properties sold during June fell by 45.7%, taking the first six months decline to 58.3% compared to last year.

Developers hope for 2010 recovery

Property developers are optimistic that the real estate sector will recover from the economic crisis in 2010, provided the necessary measures are taken by the government.

Property market recovery in 2012?

More than 60 percent of those who voted in a recent mini-poll conducted by the Cyprus Property Magazine believe that the property market will not recover until 2012 or later

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