Property prices rise across the board in Q4, RICS says

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Property prices rise across the board in Q4,...
 © BusinessMail 2017
By Stelios Orphanides

Real estate prices in all categories rose in the fourth quarter of 2016, both annually and quarterly, as demand for residential properties is pushing prices up mainly in coastal areas, the Cyprus division of the Royal Institute of Chartered Surveyors (RICS) said.

Apartment prices rose 3.7 per cent year-on-year and 1.7 on a quarterly basis, RICS said in a statement obtained by the Cyprus Business Mail.

House prices increased 0.7 per cent in the last quarter of 2016, compared to the previous quarter, and 3.4 per cent compared to the respective period of...


Property prices rise across the board in Q4, RICS says


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