Home prices up a quarterly 0.3% in Q4, CBC says

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Home prices up a quarterly 0.3% in Q4, CBC says
 © BusinessMail 2017
Βy Stelios Orphanides

The home price index rose a quarterly 0.3 per cent to 73.5 in October to December last year but fell an annual 0.9 per cent, the Central Bank of Cyprus said.

“The small increase, the second in a row, reflects the recovery of the real estate sector,” the Central Bank of Cyprus said in a statement on its website on Monday.

In the fourth quarter of 2016, apartment prices rose a quarterly 1.3 per cent while house prices dropped 0.1 per cent, the central bank said. Compared to the fourth quarter of 2015, apartment prices rose in October to December 1.9 per cent while...


Home prices up a quarterly 0.3% in Q4, CBC says


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