Property sales reached 15 year high in second quarter

Property sales reached 15 year high in second quarter
Property sales reached 15 year high in second...
 © CyprusPropertyNews 2024
The Cyprus property market witnessed a record number of sales during the second quarter of 2023, reaching a level not seen in 15 years, according to a report released this week by the Central Bank of Cyprus (CBC). Furthermore, property prices, especially for apartments, have continued to rise, driven primarily by increased demand, itself fuelled by foreign investor interest. Delving into the data, the CBC report noted that during the second quarter of 2023, the Cyprus House Price Index (HPI) reported a 1.5 per cent increase compared to the 2.1...


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Article automatically added to our system on Friday, October 27, 2023

Property sales reached 15 year high in second quarter


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