House prices up 3.6% in Q2, Cystat says

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House prices up 3.6% in Q2, Cystat says
 © BusinessMail 2017
By Stelios Orphanides

The House Price Index rose 3.1 per cent in the second quarter of the year compared to the first one, to 102.74, the highest since Q1 2015, the statistical service said.

Compared to the second quarter of 2016, house prices rose 3.6 per cent, Cystat said in a statement on its website on Wednesday.

In the first quarter, home prices rose an annual 2.4 per cent and dropped a quarterly 3 per cent.

The Cystat index relies on data obtained by the Department of Lands and Surveys. The Central Bank of Cyprus, which said in August that home prices rose in a...


House prices up 3.6% in Q2, Cystat says


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