House prices in Cyprus recorded an increase of 6% in the fourth quarter of 2025 compared with the corresponding quarter of 2024, according to data published by Eurostat. Compared with the third quarter of 2025, house prices in Cyprus remained stable.
Eurostat data show that Cyprus follows the broader upward trend observed in the European Union housing market, with the cost of purchasing residential property recording a significant increase over the last decade. Specifically, between 2015 and the third quarter of 2025, house prices in Cyprus increased overall by 52.91%.
At the level of the European Union, in the fourth quarter of 2025 house prices increased by 5.5% compared with the same quarter of the previous year, while rents recorded an increase of 3.2%. Compared with the third quarter of 2025, house prices increased by 0.8% and rents by 0.6%.
In the euro area, house prices increased by 5.1% on an annual basis in the fourth quarter of 2025, while on a quarterly basis they recorded an increase of 0.6%. In the third quarter of 2025, annual increases stood at 5.1% in the euro area and 5.4% in the EU.
In the long term, between 2015 and the third quarter of 2025, house prices in the EU increased by 64.9%, while rents increased by 21.8%.
As regards national data, when comparing the fourth quarter of 2025 with 2015, house prices increased more than rents in 25 EU Member States for which data are available. During this period, house prices more than tripled in Hungary (+290%) and more than doubled in twelve countries.
The largest price increases were recorded in Portugal (+180%), Lithuania (+168%) and Bulgaria (+157%). Finland was the only country where house prices decreased over the same period, recording a decline of 3%.
Rents increased in all 27 EU countries between 2015 and the third quarter of 2025, with the largest increase recorded in Hungary (+109%), followed by Lithuania (+88%) and Ireland and Poland, where increases of 76% were recorded.
On an annual basis for the fourth quarter of 2025, one country recorded a decrease in house prices, while twenty-five countries recorded an increase. Finland recorded a drop of 3.1%, while the largest increases were recorded in Hungary (+21.2%), Portugal (+18.9%) and Croatia (+16.1%).
Compared with the previous quarter, house prices decreased in three Member States, remained stable in Cyprus and increased in twenty-two countries. The decreases were recorded in France (-0.7%), Finland (-0.5%) and Estonia (-0.3%), while the largest increases were recorded in Slovenia (+5.1%), Hungary (+4.2%) and Portugal (+4.0%).
(Source: CNA)
