House prices in Cyprus are rising but climbing at the slowest annual rate in Europe, according to Eurostat data. Cyprus’ House Price Index for the third quarter of 2021 increased by 2.4%
Property prices in Cyprus have bounced back by 87% compared to the first quarter of 2008, according to a recent report by the rating agency DBRS. Real estate values have been climbing
The Harmonised Index of Consumer Prices (HICP) rose by an annual 4.4% in October, following an upward trajectory for the eighth consecutive month triggered mainly by energy prices. According to data released
Consumer associations are concerned over spiralling prices this Christmas making the festive table and gift-giving more expensive. In comments to the Financial Mirror, the Cyprus Consumer Association chair, Marios Drousiotis, said prices
Cypriots must dig deep into their pockets to pay November electricity bills, as the cost of energy is at its highest since 2012. A 10% discount offered by the Electricity Authority of
Grabbing a bite at a restaurant or watching a football game at a pub over a pint with friends may cost consumers up to 25% more as increases in energy and food
Real estate and construction stakeholders want the government to soften the blow delivered by an “abnormal” increase in construction costs, warning that development could screech to a halt. A leading developers’ lobby
Cyprus property sale values in Q3 increased by 0.9% for apartments, but decreased by 1.1% for houses, 1.4% for commercial properties, 1.5% for warehouse and office space, according to the WiRE Index.
A slowdown in the residential Cyprus property price indices has been recorded in the second quarter of 2021 due to a small decrease in house prices and an increase in apartment values.