Cyprus house prices and rents yet to recover

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Cyprus house prices and rents yet to recover
 © CyprusPropertyNews 2020
House prices and rents in Cyprus have yet to recover to the levels last seen a decade ago reports Eurostat, the statistical office of the European Union.

 

Between 2010 and the second quarter of 2011, house prices and rents in the EU27 followed similar paths. Then, since the third quarter of 2011, they have followed very different paths: while rents increased steadily throughout the period up to the second quarter of 2020, while prices have fluctuated significantly. After a sharp decline between the second quarter of 2011 and the first quarter of 2013, prices remained more or less stable...


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Cyprus house prices and rents yet to recover


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