Property sales continue to rise

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Property sales continue to rise
 © CyprusPropertyNews 2022
For the seventh consecutive month property sales in Cyprus reached a 14 year high in July as measured by the number of contracts deposited at Land Registry offices across the Republic.

Property sales refer to sales of domestic dwellings, retail premises, offices, warehouses and land (fields and plots.) The statistics provided by the Department of Lands and Survey do not differentiate between sales of new and sales of resale property.

Housing loans accounted for the lions share of borrowings between January and June accounting for 40% of all new loans. However, housing loans fell from €97.5...

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Article automatically added to our system on Wednesday, August 3, 2022

Property sales continue to rise

Contents of this article including associated images are © CyprusPropertyNews 2022
Views & opinions expressed are those of the author and/or CyprusPropertyNews .

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