House prices in Cyprus increased by 3.4% in the first quarter of 2026 compared with the same quarter of 2025, according to data published by Eurostat on Thursday. On a quarterly basis, compared with the fourth quarter of 2025, house prices in Cyprus rose by 1.6%.
According to Eurostat, the annual growth in house prices in Cyprus slowed in the first quarter of 2026, following a 6.0% increase recorded in the fourth quarter of 2025. Previously, prices had risen by 4.2% in the third quarter of 2025 and by 2.9% in the second quarter of the same year, compared with the corresponding quarters of the previous year.
On a quarterly basis, house prices in Cyprus had declined by 1.8% in the second quarter of 2025, increased by 3.7% in the third quarter, and remained unchanged in the fourth quarter.
In the euro area, house prices, as measured by the House Price Index (HPI), increased by 4.7% year-on-year in the first quarter of 2026, while in the European Union the annual increase stood at 5.1%. In the fourth quarter of 2025, the corresponding increases were 5.1% in the euro area and 5.4% in the EU.
