The housing market in Cyprus is set to slowdown in the medium term following a reduction in the number of sale contracts deposited at Land Registry offices during the second half of 2019.
The slowdown in the island's construction sector persists with the number of building permits issued in Cyprus continuing to fall in September, according to official statistics.
Figures released by the Cyprus Statistical Service (CySTAT) earlier today reveal that the slowdown in the Island's construction sector is continuing and is showing no signs of a recovery in the near future.
Latest figures from the Statistical Service confirm that the slowdown in the Island's construction sector continues with the number of building permits issued in March falling by 23.4 percent compared with March last year.
Figures released today by the Statistical Service show that the number of building permits issued for the construction of residential properties in Cyprus continued to fall in September.
Latest figures from the Cyprus Statistical Service show that the number of building permits issued for the construction of residential properties continued to slowdown in July.
Latest figures from the Cyprus Statistical Service show that building permits for the construction of 1,624 residential properties were authorised in December 2009.
