The end of Cyprus’ housing boom
This content is archived.
Cyprus’ remarkable three-year housing boom ended in 2008. The market’s peak was in November 2008, and after that, prices began to fall.
Average home prices fell by 2.17% (-3.22% in real terms) y-o-y, to € 187,053 in March 2009, according to MAP S.Platis, a leading Cyprus real estate agency.
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