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Cyprus residential property price index (Q1 2010=100)
Cyprus
House prices in Cyprus.
The Central Bank of Cyprus publishes a residential property price index (houses and apartments) based on Cyprus banks' property evaluation data collected since 2006.
House prices in Cyprus, % change 1 yr
Nominal and inflation-adjusted ('real')
Cyprus
Source: Central Bank of Cyprus
Quarterly change in house prices, inflation-adjusted
Q1 | Q2 | Q3 | Q4 | |
2020 | 0.45% | |||
2019 | 0.79% | -0.14% | 1.06% | -0.27% |
2018 | 0.29% | -1.83% | 0.34% | 2.04% |
2017 | 0.05% | 1.30% | 0.83% | 0.17% |
2016 | 1.20% | -1.18% | -0.48% | -0.20% |
2015 | -0.65% | -0.66% | 0.65% | -0.23% |
2014 | -2.70% | -2.58% | -1.05% | -0.49% |
2013 | -1.57% | -1.98% | -1.43% | -1.47% |
2012 | -1.10% | -2.61% | -0.96% | -1.15% |
2011 | -1.58% | -3.23% | -0.50% | -3.49% |
2010 | -2.18% | -1.20% | -1.00% | -0.87% |
2009 | -4.39% | -0.46% | 1.06% | -0.06% |
2008 | 8.36% | 1.12% | -0.34% | -1.58% |
2007 | 6.44% | 6.73% | 1.65% | 1.78% |
2006 | 4.94% | 1.30% | 5.76% |
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.
Yearly change in house prices, nominal and inflation-adjusted
Year | Inflation Adjusted | Nominal Change |
2019 | 1.43% | 2.15% |
2018 | 0.79% | 2.51% |
2017 | 2.37% | 1.77% |
2016 | -0.69% | -0.94% |
2015 | -0.89% | -1.85% |
2014 | -6.67% | -8.03% |
2013 | -6.30% | -8.46% |
2012 | -5.71% | -4.67% |
2011 | -8.54% | -4.94% |
2010 | -5.15% | -3.60% |
2009 | -3.88% | -1.91% |
2008 | 7.47% | 9.74% |
2007 | 17.53% | 22.12% |
The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.