The house price-to-income ratio in Cyprus stood at 91.61 points in 2025 relative to its long-term average, according to data published by Eurostat.
The indicator shows whether the ratio of house prices to household income is above or below its long-term average since 2000.
The house price-to-income ratio compares changes in house prices with changes in per capita household income, relative to a base year. It increases when house prices rise faster (or fall more slowly) than income, decreases when they rise more slowly, and remains unchanged when both change at the same rate.
The house price-to-income ratio is a derived index (2025=100) calculated by dividing the house price index by an index measuring household income, as measured by per capita gross disposable income.
The standardised house price-to-income ratio is defined as the ratio of a year’s house price-to-income ratio to the long-term average of house price-to-income ratios, calculated from 2000, or the earliest available year thereafter, to the latest available year.
In Cyprus, the indicator stood at 91.63 points in 2024 and 92.03 points in 2023. It was at 90.10 points in 2022 and 89.59 in 2021. In previous years, it had stood at 95.38 points in 2020, up from 92.30 in 2019 and 93.13 in 2018. In 2017, it stood at 99.36 points and in 2016 at 99.71.
At EU level, the house price-to-income ratio was 6.8% higher in 2025 than in 2015. As Eurostat explains, this means that over the decade, house prices rose relative to household income.
(Sources: CNA, European Commission)
