Cyprus housing price index drops by 1 per cent in Q4-24

The Housing Price Index in Cyprus recorded a quarterly decline of 1 per cent in the fourth quarter of 2024, compared to the third quarter of the same year, according to a preliminary estimate released by the statistical service this week..

This represents the largest quarterly decrease since the fourth quarter of 2022, marking a notable shift in the trajectory of property values on the island.

The service noted that