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Encouraging signs in domestic property sale figures

Although the overall picture for property sales in Cyprus last year was extremely disappointing, there are some positive signs in the figures for December, which show that domestic sales increased.
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Property sales in Cyprus plummet to lowest on record

The number of properties sold in Cyprus during 2011 fell to their lowest level since records began according to the figures published earlier today by the Department of Land and Surveys.
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Overseas property sales in 2011 lowest for ten years

The dramatic collapse of the Cyprus overseas property market, which has left thousands of partly built holiday apartments and villas littering the Island's seaside towns and villages, continued in 2011 with sales falling to a 10 year low.
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Slump in property sales to overseas buyers deepens

Just six properties were purchased in Nicosia by overseas property buyers in November, while the total number of overseas sales during the month was down by 43 percent on the number sold in November 2010.
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November property sales hit 35 month low

The number of properties bought and sold in November hit a 35 month low according to the latest figures from the Department of Lands and Surveys amid the worsening economic situation, record levels of unemployment and lack of liquidity.
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Cyprus property sales down 21 percent in October

The Cyprus property market shrank by 21% in October compared with October 2010 and the number of sales recorded so far this year are down by more that 11% on the number sold in 2009, the year the market collapsed.
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Cypriot real estate sales in freefall

There seems to be no way to stop the rapid decline in Cyprus property sales, which have been falling since July 2010 and which are now at levels lower than the year the market crashed in 2009.
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Cyprus property sales slump slows

Although figures from the Land Registries across Cyprus reveal that the number of properties sold fell for the fourteenth consecutive month during August, the rate of the fall appears to be slowing.
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Disastrous decline in real estate market continues

The continuing crisis in the Cyprus real estate industry can only be described as disastrous as the latest figures released by the Land Registry reveal that property sales fell for the thirteenth consecutive month in July.
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Crisis deepens as Cyprus property sales continue to tumble

The crisis in the Cyprus real estate industry continues to deepen with sales of property falling for the twelfth consecutive month and sales so far this year lower than those of 2008; the year the market crashed.
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Property sales continue to weaken

Figures published yesterday by the Department of Lands and Surveys reveal that property sales continue to weaken with the number of properties sold during May falling for the eleventh consecutive month.
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Property sales slip to lowest level since January 2009

The number of properties sold in April slipped to their lowest level since January 2009 threatening the fragile recovery in the Cypriot economy.
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Property sales fall for ninth consecutive month

Property sales in Cyprus fell for the ninth consecutive month during March and recorded the largest fall over the past 15 months, heightening fears that the crisis in the real estate sector may be worsening.
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Property sales continue fall in February

February 2011 saw a further drop in property sales in Cyprus compared with the same period last year, with the number of properties sold down by 14 percent.
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Property sales in Cyprus slump to a 2 year low

Property sales in January hit a year low heightening concerns that the real estate sector will continue to suffer problems in 2011.
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Sales up in 2010 but outlook bleak

Despite the continued fall in sales over the last six months of 2010, the number of properties sold in Cyprus increased by five percent over the year compared with 2009.
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Overseas property market recovering despite problems

The Cyprus overseas property market is showing signs of recovery in spite of its problems, with sales to non-Cypriot buyers up fifteen percent in 2010 compared with 2009.
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Overseas sales remain steady in November

The Cyprus overseas property market remained steady last month with sales during the first eleven months of this year maintaining their 8 percent increase on the numbers sold during the first eleven months of 2009.
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Total sales continue to fall during November

The number of properties sold in Cyprus fell for the fifth consecutive month during November, sparking worries of the difficulties facing the market in 2011.
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Overseas sales maintain slow recovery

The slow recovery of Cyprus’ overseas property market continued last month with sales during the first ten months of the year up by 8 percent on the numbers sold during the first ten months of 2009.
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