House Price Index up by 3.22% annually in Q2 2023

House prices were up on an annual basis in the second quarter of this year but remained more or less stable on a quarterly basis, according to a preliminary estimate released by CySTAT.

In particular, according to the estimate, the House Price Index increased by 3.2% in the second quarter of 2023, compared to the same quarter of 2022.

The HPI for the second quarter of 2023 amounts to 109.72 units.

Compared to the first quarter of 2023, the HPI decreased by 0.4%.

(Source: CNA)

Read More

BoC’s REMU disposes of portfolio’s biggest asset – Columbia Group acquires Secret Valley Golf Resort for €130m
Lordos Hotels: Golden Bay renovation in the works - The investments made in the group's hotels
Aqua Residences: €40m residential towers in the former Larnaca oil refinery area
Palm Beach Resort unveiled at exclusive event (pics)
The Palm Beach Resort philosophy: The architecture and the interior design of a project that is changing Larnaca
Real estate investment opportunities by AstroBank
Evangelia Eliadou: There is a shift toward curated environments where residents can truly live, work and thrive
The rebirth of a historic hotel - Property Gallery announces the new Pendeli Resort in Platres (pics)
Brown Hotels makes Cyprus debut with Paphos Hills (pics)
MHV collaborates with El Greco on interior design of doors, windows and kitchens at The Landmark Towers