Annual car sales lowest since 2015

In 2022 car sales reached their lowest ebb for seven years as sales continued to drop for a fourth consecutive year because of growing uncertainty during the pandemic and the aftermath of

Festive supermarket sales rise, SMEs struggle

Retail sales during Christmas reached pre-pandemic levels, but small businesses’ turnover was below expectations and want government support. “It went very well, beyond our expectations, it was at satisfactory levels, similar to 2019, and we

Black Friday off to slow start

Retailers reported their Black Friday sales began an underwhelming start amid a waterfall of complaints of fake offers, with consumers also dissatisfied with the discount level, which averages 20%. Shopkeepers were banking

Car sales at lowest ebb since 2015

Sales of passenger saloon cars in the first 10 months dropped to their lowest level since 2015, according to data released Tuesday. The energy crisis, rising pump prices, and long delays in

Property sales spike 36%

Despite the energy crunch and cost of living crisis, the Cyprus real estate market is witnessing rapid growth amid economic uncertainty. For the first ten months to October 2022, property sales were


€1.65 bln in Q3 property sales

Despite the adverse economic conditions, the Cyprus real estate market saw a 34% increase in the value of property transactions in the third quarter, rising to €1.65 bln from €1.2 bln in


Property sales best since 2008

Cyprus’ real estate sector is proving to be resilient, as it has recorded its best nine months of sales since 2008, according to Land Registry data. According to the latest data, sales


Annual property sales jump 18%

Property sales increased by 18% during the first nine months of 2022, compared to the same period last year. Also, the number of sale agreements submitted to the Land Registry increased by