A trending term for visitors searching Cyprus News was house prices.
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Playing the long game
With only weeks away from the festive holiday splash, Cypriots are not in the party mood as they shy from the Black Friday ‘giveaways’ and keep their pockets zipped. There hasn’t been...
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Cyprus, Hungary Top Hot Spots for Rich Russian Property Buyers
NICOSIA – The question of rich Russians who keep putting their money in Cyprus isn’t going away in the wake of revelations oligarchs were hiding fortunes thee to avoid European Union...
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UK house prices post first annual drop since 2012
British house prices fell in annual terms in September for the first time since 2012 and rents rose sharply last month, official data showed earlier this week, underlining the weak state of...
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Berlin’s renters face more misery as housing crisis deepens
On Berlin’s broad avenues, posters put up by desperate would-be tenants seeking accommodation have become a common sight. Home viewings draw long lines of hopefuls, despite rent rises that...
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UK house prices end six-month losing streak
British house prices ended a six-month declining streak in October, but the increase reflects a shortage of properties on sale and renewed falls are likely, mortgage lender Halifax said on...
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UK house prices show surprise rise in October
British house prices unexpectedly rose by almost 1 per cent in October but the increase was due more to a lack of homes for sale than a turnaround in the market which has been hit by a jump...
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High inflation and slowdown signs: the BoE’s tough trade-off
The Bank of England is expected to keep interest rates at their 15-year high on Thursday as it battles an inflation rate that is more than three times as high as its target, despite growing...
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Property sales reached 15 year high in second quarter
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...
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Cyprus real estate sales reach 15 year high in second quarter — property prices on the up
Cyprus’ real estate 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...
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Property sale contracts hit 15-year high
The number of sales contracts submitted to the Land and Surveys Department reached a 15-year high in the second quarter of 2023, according to Central Bank of Cyprus data. In addition,...
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Νumber of property sale contracts hit 15-year high record in 2023Q2 says CBC
The number of sales contracts submitted in the Department of Land and Surveys reached a 15-year record high in the second quarter of 2023, according to data published by the Central...
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Property sales surge to 15-year high due to foreign buyers
Residential property sales in Cyprus hit a 15-year record high in the second quarter of 2023, with significant increases in prices, according to data released by the Central Bank of...
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Stocks fall on earnings, GBP weakens, oil higher
By Edward Moya US stocks are declining on soft earnings, rising rates, and as the risks grow for a potential widening of the Israel-Hamas conflict. Wednesday’s round of...
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Asking prices of UK homes show smallest October rise since 2008
Asking prices for homes in Britain have risen at their slowest pace for the time of year since 2008, property website Rightmove said on Monday in a latest sign of how the climb in borrowing...
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Double hit for workers as inflation depresses real wages and drives taxes up
Short-term patchwork government measures to deal with cost-of-living crisis and persistent inequalities are not enough By Les Manison A report by the OECD on “taxing wages” reveals that...
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Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting October 2: The Governor of the Central Bank of Cyprus (CBC) Constantinos Herodotou on Friday used his keynote address...
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Real estate sector still driven by foreign buyers
Foreign buyers still power Cyprus’ real estate sector, as coastal cities see an influx of demand generated from the growing trend of high-profile companies relocating to the island,...
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Cyprus quarterly house prices drop
In the second quarter of 2023, house prices in the EU increased by 0.3% compared with the first quarter, while rents increased by 0.7%, but Cyprus house prices decreased by 0.4%, according...
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Cyprus house prices rise by 3.2 per cent in second quarter of 2023
Cyprus witnessed a notable increase in house prices during the second quarter of 2023, with the House Price Index (HPI) rising by 3.2 per cent during this time, compared to the same period...
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Portugal to ditch tax breaks for foreign residents amid housing crisis
Tax breaks for foreign residents in Portugal are “no longer justified”, Prime Minister Antonio Costa said, promising to close the scheme for new applicants in 2024 after it...
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House prices hold ground with annual gains
House prices were up on an annual basis in the second quarter of this year but remained more or less stable on a quarterly basis, a preliminary estimate released by the Cyprus Statistical...
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House Price Index up by 3.22% annually in Q2 2023
House prices were up on an annual basis in the second quarter of this year but remained more or less stable on a quarterly basis, according to a preliminary estimate released by...
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Worsening management of Cyprus economy and delays in reforms
There are growing concerns about the recent weakening of economic activity, the persistence of inflation, and the deterioration in the government finances in Cyprus that come on top of...
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Real estate buyers in Cyprus are struggling
Prices in the Cyprus real estate market have been going up in recent years. This increase is mainly due to higher costs of construction materials and growing demand. As a result, both...
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Real estate prices surge by 7.7%
By Marinos Kyneyiros* The prices in the Cyprus real estate market have been going up in recent years. This increase is mainly due to higher costs of construction materials and growing...