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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.

Property price falls reach two-year high

The Cyprus Central Bank’s Residential Property Price Index for Q2 2012 published earlier today reports that house prices in Cyprus fell abruptly over the quarter recording their sharpest fall since 2010.

House prices in the west and east holding up

The eleventh issue of the RICS Cyprus Property Price Index shows that house prices in Paphos and Paralimni/Famagusta are holding up, while house prices in other areas and apartment prices across the island continue to fall.

Nicosia and Limassol home price falls accelerating

Property prices in Paphos and Famagusta have been falling for years, while prices started to fall in Nicosia and Limassol six months ago and the rate at which they are dropping is accelerating.

Central Bank says property prospects are bleak

The future of the Island’s real estate market is bleak as prices continue to slump and there are no prospects of a recovery, according to figures released earlier today by the Island’s Central Bank.

Cyprus property prices and rents continue to fall

The tenth publication of the RICS Cyprus Property Price Index shows a continuing drop in property prices and rents across the main urban areas of the Island during the first quarter of 2012.

Central bank reports property price falls intensifying

The fall in the prices of houses and apartments across Cyprus intensified during the final quarter of last year according the latest statistics published by the Central Bank on Monday.

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.

RICS index reports falling real estate prices and rents

The eighth issue of the RICS Cyprus Property Price Index reports that real estate prices and rents across the Island’s main urban areas continued to fall during the third quarter of the year.

Property prices under pressure

According to figures released by the European Central Bank on Tuesday, property prices in Cyprus fell by 4.9 percent during the first half of 2011, almost twice the fall experienced in 2010.

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