FRIDAY, 22 JAN 2021

 

CONNECT

Facebook Linked In Twitter
GAP Vassilopoulos
GloriaJeans_266x90px
IMH LTD

Education Minister And French Ambassador Discuss Culture And French Language

IMH LTD

REAL ESTATE

brought to you by Deloitte

House Prices up by 1.1% in Cyprus in Q1 2020

House Prices up by 1.1% in Cyprus in Q1 2020

House prices, as measured by the House Price Index, rose by 5.0% in the euro area in the first quarter of 2020 compared with the same quarter of the previous year. This is the highest annual increase since the second quarter of 2007. In the EU house prices rose by 5.5% compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union. Compared with the fourth quarter of 2019, house prices rose by 0.9% in the euro area, 1.2% in the EU and in the first quarter of 2020. In Cyprus house prices rose by 2.5% and 1.1% in quarterly and annual basis, during Q1 2020.

Among the Member States for which data are available, the highest annual increases in house prices in the first quarter of 2020 were recorded in Luxembourg (+14.0%), Slovakia (+13.1%), Estonia (+11.5%), Poland (+11.3%) and Portugal (+10.3%), while prices only fell in Hungary (-1.2%). Compared with the previous quarter, the highest increases were recorded in Portugal (+4.9%), Estonia (+4.8%) and Slovakia (+4.0%), while decreases were observed in Malta (-4.3%), Hungary (-1.1%), Ireland (-0.8%) and Belgium (-0.1%).

MORE ON REAL ESTATE

FROM AROUND GOLDNEWS

   

Bitcoin Losses Gather Pace, With Prices Nearing Three-Week Low

Bitcoin closed in on the lowest in three weeks as the cryptocurrency's sizzling rally gives way to pessimism that prices are too high.   Bitcoin ...
   

ECJ Says There Is No Confusion Between HALLOUMI And BBQLOUMI

The European Court of Justice General Court confirmed today that there is "no likelihood of confusion between the collective mark HALLOUMI, reserved for ...
   

Health Minister: Indications Uncontrolled Spreading Of COVID-19 Has Been Contained

Cyprus remains in the red zone as regards the COVID-19 pandemic, however the partial improvement of its epidemiological outlook reflects the effectiveness of ...
   

Anastasiades Thanks Parties Which Voted The Budget And Can Now Focus On Resolving Problems

Cyprus President Nicos Anastasiades has thanked the political parties who voted for the state budget and has said that the government can now focus on ...
   

Moody’s: Bank Of Cyprus In A Better Position To Deal With COVID Downturn Due To New Bad Loan Portfolio Sale

Moody’s rating agency says that the new sale of a bad loan portfolio by the Bank of Cyprus, puts the bank in a better position to deal with an inflow of ...
   

Eurogate Container Terminal Limassol obtains the Authorised Economic Operator Certification

EUROGATE Container Terminal Limassol Ltd announces that it has obtained from the Cyprus Customs & Excise Department the Authorised Economic Operator ...
   

Russia Has Very Warm And Close Relations With Greece And Cyprus, Lavrov Says

Foreign Minister of the Russian Federation, Sergey Lavrov, has said that he sees no reason why Greece and Cyprus should be persuaded that Russia is an enemy of ...
   

European Firms Improve Diversity Scores In Pandemic Year, Study Finds

The number of major European companies with high participation of women in leadership positions has doubled over the past year, but there was less progress on ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Gold_January
Enter_Cy_10/20-4/23

IMH LTD