Cyprus residential property price index (Q1 2010=100)
Economics Team | August, 29, 2020
Hourse prices in Cyprus. The Central Bank of Cyprus began publishing a residential property price index in December 2010 through their bi-annual economic bulletin. This index is preliminary and is still under revision. The time-series starts in 2006. Several quarters of Cyprus house price data are also available on a new property time series developed by the Royal Institution of Chartered Surveyors (RICS).
House price change in Cyprus, nominal and inflation-adjusted ('real')
% change over a year earlier
Source: Central Bank of Cyprus
Quarterly Change in house prices
This table shows the change in house prices during a single quarter, adjusted for inflation.
Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.