House Price Index up 2.5% on annual basis in Q2 this year

07:13 - 04 October 2024

Real Estate Reporter

Τhe House Price Index for the second quarter of 2024 amounts to 112.86 units, according to CySTAT's preliminary estimate. increasing by 2.5% compared to the Index of the corresponding quarter of 2023.

Compared to the first quarter of 2024, the HPI increased by 1.2%.

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

(Source: CNA)

News Feed

Read More

Brown Hotels makes Cyprus debut with Paphos Hills (pics)
Sergey Kudryavtsev: "You can’t just build and sell – you need to operate, maintain and deliver long-term returns"
Incentives announced for investors in the Technology Park in Pentakomo
Number of building permits issued down 20.4% in February y-o-y
George Chrysochos: Interest from institutional capital is transforming the character of the real estate market
Construction materials up 1.34% y-o-y in May
MSC's new high-tech headquarters in Limassol nearing completion (pics)
CPDA submits draft law for the establishment of the profession of Property Developer
Residential properties for sale by AstroBank
Pantelis and George Leptos on Cyprus' real estate market and the vital role of government incentives