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Property Sales

Fall in property sales continues

Property sales in Cyprus during December fell 23 percent compared with December 2012 although sales in Limassol increased according to latest statistics from the Department of Lands and Surveys.

Property sales slump slows

Although property sales during the month of November was less than the number sold in the same month last year, the annual rate of decline has slowed to 41 percent according to the latest Land Registry statistics.

Property sales crash 44 per cent

The number of properties sold during the first ten months of the year has fallen sharply, down 44 per cent on the numbers sold during the same period last year with no prospects of a recovery in the foreseeable future.

Nightmare slump in sales continues

Less than three weeks after Cyprus was hailed as the world’s weakest housing market, the nightmare slump in property sales continues according to the latest figures from the Land Registry.

On-going collapse in Cyprus property sales

The number of properties sold in Cyprus continued to fall in August dropping 16 per cent compared with August 2012 according to figures published by the Department of Lands and Surveys.

July sales boosted by overseas investors

Although the number of properties sold in Cyprus during July fell 13 per cent compared to July last year, they were boosted by an increase in sales to overseas investors in Nicosia, Limassol and Paphos.

Property sales keep falling (updated)

Property sales in June fell 51 per cent compared with June 2012 according to figures recently published by the Department of Lands and Surveys, with numbers falling in all districts across the island.

Property sales plumb new depths in May

Property sales in Cyprus during May recorded their biggest decline in recent years with sales declining 75 per cent compared with May 2012 and numbers falling in all districts across the island.

Home sales hit a record monthly low

With property sales in Cyprus once again hitting a record monthly low in April, there appears to be a growing interest by overseas buyers in the districts of Paphos, Larnaca and Famagusta.

Property sales collapse as crisis deepens

Property sales in Cyprus plummeted in March as the financial crisis deepened as a consequence of the decisions taken by the Eurogroup to impose savage bailout conditions on the island.

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