Latest Headlines

Property Statistics

Construction Costs up by 5.15% in Jan-Oct 2006

According to the latest data from the Statistical Service, construction materials prices in the period January-October 2006 rose by 5.15% over the corresponding period of the previous year. The price index of construction materials for October alone reached 133.25 units (base year 2000=100.00), recording an increase of 0.65% over the previous month. The breakdown of […]

Cyprus Building Permits up 13.6% in Jan-July

Civil engineering booms, hotels out of favour. The number of building permits authorised rose by 28.3% year on year to reach 788 in June and provided for 1,745 dwelling units. For the first seven months as a whole, the number of building permits authorised rose by 13.6% compared with the same period of 2005 and […]

Cost of Construction up 3.9%

According to CYSTAT data released on Monday, the Building Material Price Index recorded an increase of 3.9% in September 2006. Specifically, the price of electromechanical and industrial products showed an increase of 4.7% and 4.5% respectively, the increase in the price of oil products fell to 4.3% and the price of timber, stones and quarry […]

Construction Output Accelerates in Quarter 2

Construction output in Cyprus accelerated in the second quarter of 2006 and also rose faster than initially estimated in the first quarter, according to the latest figures from the Statistical Service. The construction output index in the second quarter reached 138.8 units (base year 2000=100.0), recording an increase of 6.9% over the second quarter 2005. […]

Construction cost up 72.9% in 6 years

According to CYSTAT (the Cyprus Statistical Service) data released on Thursday, the construction cost in Cyprus soared 72.9% in the past 6 years. In the second quarter of 2006, the producer price index stood at 171.2 points against 99 points in the corresponding period of 2000. Compared with the second quarter of 2005, the producer […]

Back to top