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Cyprus property prices recovering

The RICS Cyprus Property Price Index for Q1 2016 reports increases in almost all districts and property types, with significant increases recorded in Paphos and Famagusta, while prices other urban areas are gradually bottoming out.

Cyprus property sales continue to rise

Property sales in Cyprus continued their upward trend in May 2016 compared to the same period last year, according to official statistics published by the Department of Lands and Surveys.

Non-performing loan ratio increases

Non-performing loans (NPLs) ratio in the Cypriot banking system stood at 48.9 per cent of total loans at the end of February, up from 45.8 per cent in December, according to data released by the Central Bank of Cyprus.

Property sales surge (Update)

Property sales in Cyprus rose significantly during February 2016 compared to the same period last year according to official statistics published by the Department of Lands and Surveys earlier this month.

Marginal rise in property sales

The number of property sales in Cyprus during January 2016 rose marginally compared to the number of sales in January 2015 according to official statistics published by the Department of Lands and Surveys.

Property prices rose in third quarter

Property prices in Cyprus rose 2.5 percent during the third quarter of 2015 compared with the corresponding period of the previous year according to figures published on Wednesday in a Eurostat news release.

Cyprus property sales up 23 per cent

Property sales in Cyprus to the domestic market rose in October compared to the number sold in October 2014, while sales to the overseas market fell according statistics published by the Department of Lands and Surveys.

Chinese interest increasing

Chinese investor interest in Cyprus has grown dramatically over the past year with the juwai.com Purchasing Intent Index reporting the highest increase of all the Mediterranean countries.

Cyprus property prices rising

House prices in Cyprus rose during the second quarter of 2015 according to figures published earlier today by Eurostat, the statistical office of the European Union, contradicting both recent reports by the Cyprus Central Bank and RICS (Cyprus).

NPLs remain obstinately high

Latest figures from the Cyprus Central Bank reveal that non-performing loans (NPLs) continue to remain high despite the implementation of the foreclosures and insolvency laws three months ago.

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