Economy category powered by

House prices down in Q4 last year but still high compared to 2021

13:25 - 04 April 2023

Economy

The House Price Index reached 108.03 units in the fourth quarter of 2022, dropping 4% compared to the third quarter when it was at 112.51, according to CyStat.

However, compared to the corresponding quarter of 2021, when it was at 103.44, the Index was up by 4.4% in the fourth quarter of 2022.

The House Price Index measures the change in the average prices of residential housing units on a quarterly basis. It captures all types of residential properties, both new and existing. The land component of the residential property is included.

News Feed

Read More

Government to further support beekeeping, Agriculture Minister says
Space sector an emerging priority for Cyprus, says President
Purpose Communications announces the launch of the 2nd cycle of Purpose Academy
GRANTXPERT – Team Building Workshop
Cyprus hosting UEFA Under-17 Championship
Construction Materials Price Index down by 1.57% in April
ΙΜΟ gives its 1st Gender Equality in Shipping Award to Cyprus’ nominee
Hack you later - One of the largest hackathons is happening in Cyprus
Tourist arrivals in April down 2.7%, up by 1.7% in first quarter
President to meet with Chinese Ambassador to discuss Vasiliko terminal