Cyprus house prices rise by 1.1 per cent in Q1 2024

Cyprus witnessed a growth in house prices during the first quarter of 2024, as evidenced by the latest figures released by the Cyprus Statistical Service (Cystat) on Thursday.

According to a preliminary estimate, the House Price Index (HPI) for the first quarter of 2024 stood at 111.53 points.

This index represents a modest year-on-year increase of 1.1 per cent, a notable slowdown compared to the 1.6 per cent annual increase seen in the fourth quarter of 2023.

Over the past year...