Select a country

Cyprus residential property price index (Q1 2010=100)

August, 29, 2020

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

 Q1Q2Q3Q4
20200.45
20190.79-0.141.06-0.27
20180.29-1.830.342.04
20170.051.30.830.17
20161.2-1.18-0.48-0.2
2015-0.65-0.660.65-0.23
2014-2.7-2.58-1.05-0.49
2013-1.57-1.98-1.43-1.47
2012-1.1-2.61-0.96-1.15
2011-1.58-3.23-0.5-3.49
2010-2.18-1.2-1-0.87
2009-4.39-0.461.06-0.06
20088.361.12-0.34-1.58
20076.446.731.651.78
20064.941.35.76

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.