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Building permits fell 4.8% in 2024

The number of building permits issued in 2024 fell 4.8% compared to the number issued in 2023, according to figures released by CySTAT. During the...

Building permits plummet in September

The number of building permits approved in Cyprus saw a significant decline in September 2024, according to data released by the Statistical Service. The drop...

Construction materials prices edged down in October

The Price Index of Construction Materials for October 2024 reached 117.18 units (base year 2021=100), recording a fall of 0.08% compared to the previous...

Property sales rise, transfers fall

Fewer property transfers but more sale contracts were recorded in the third quarter of 2024, with growth driven primarily by Nicosia and Larnaca, helping...

Construction material prices fell slightly in September

The Price Index of Construction Materials for September 2024 reached 117,27 units (base year 2021=100), recording a decrease of 0.35% compared to the previous...

Building permits backlog & brown envelopes

Building permits surged by 150% in June as local authorities rushed to clear a backlog before transferring responsibility from municipalities and district administration offices...

Building permits on the rise in February

The number of building permits in Cyprus issued by municipal and district authorities rose to 706 in February, up from just below 600 each...

House price index up 0.6% year-on-year

The Cyprus House Price Index (HPI) rose by 0.6 per cent on an annual basis in the third quarter of 2023 according to preliminary...

Cyprus real estate soars despite challenges

The real estate market remains robust and is on track to becoming the best-performing year since 2008, according to a report by Danos/BNPRE Group. The...

House price index up 3.2% year-on-year

The Cyprus House Price Index (HPI) rose by 3.2 per cent on an annual basis in the second quarter of 2023 according to preliminary...

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