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All reports tagged with: "RICS"

Property prices continue to fall in most areas

The third quarter of 2013 saw property prices fall across most of Cyprus with apartment and house values in Famagusta increasing marginally over the quarter giving hope that prices there may be stabilising.

Prices falling for three and a half years

Since its introduction more than three and a half years ago, the RICS Cyprus Property Price Index has recorded a steady decline in the price of residential properties across the island.

Severe property slump grips the island

The second quarter of 2013 saw property prices across Cyprus experience one of their sharpest falls in recent years as a consequence of decisions taken by the Eurogroup on 15th and 27th March.

Improving real estate investor confidence

In efforts to increase investor confidence in real estate, RICS and 15 other global property organisations have come together to address the issue of inconsistencies in the methods of property measurement.

Price falls continue as uncertainty grows

Property prices in Cyprus continued to fall during the fourth quarter of 2012 according to the RICS Cyprus Property Price Index amid the worsening state of the economy and growing uncertainty.

Cyprus property price slump continues

The RICS Cyprus Property Price Index for the third quarter of 2012 reveals that property prices continued to fall with house prices falling by an average of 1.1 per cent and house prices falling by 0.4 per cent.

Tax hike may trigger land sales

The government’s proposed changes to immovable property taxation may encourage property developers to sell their land banks rather than sitting on them, according to a lead consultant.

No respite as property slump continues in 2012

Property and rent prices have continued to drop in the first quarter of 2012, making it harder for the Cyprus market to exit the slump, a spokesman for RICS Cyprus said on Wednesday.

Property prices continuing to fall says RICS

RICS Cyprus reports that prices of apartments and houses nationwide continued to fall during the fourth quarter of 2011 in the ninth issue of its Property Price Index with the hardest hit areas being Limassol and Paralimni.

Cyprus house prices predicted to fall further this year

House prices in Cyprus registered one of the largest falls in European countries according to the latest edition RICS European Housing Review and prices are predicted to fall further in 2012.

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