SUNDAY, 24 FEB 2019

 

CONNECT

Facebook Linked In Twitter
PwC_CEO_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Prodromou: We Expect the UN to Include Guterres Framework, as Clarified by the UNSG

Wicker: The US has Strong Interest in Cyprus' Reunification

IMH LTD
GAP_Group_2018_468x60px

REAL ESTATE

brought to you by Deloitte

House Prices Increase by 3.7%

House Prices Increase by 3.7%

According to preliminary estimate of the Statistical Service of Cyprus, the HPI for the first quarter of 2018 amounts to 103.34 units. Compared to the fourth quarter of 2017, the index decreased by 1.8% while compared to the corresponding index of the previous year, the index increased by 3.7%.

House prices, as measured by the House Price Index, rose by 4.5% in the euro area and by 4.7% in the EU in the first quarter of 2018 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 2017, house prices rose by 0.6% in the euro area and by 0.7% in the EU in the first quarter of 2018.

Among the Member States for which data are available, the highest annual increases in house prices in the first quarter of 2018 were recorded in Latvia (+13.7%), Slovenia (+13.4%), Ireland (+12.3%) and Portugal (+12.2%), while prices fell in Sweden and Italy (both -0.4%) as well as in Finland (-0.1%). Compared with the previous quarter, the highest increases were recorded in Latvia (+7.5%), Hungary and Slovenia (both +4.4%) as well as in Portugal (+3.7%), while the largest decreases were observed in Malta (-4.7%), Cyprus (-1.8%) and Sweden (-0.8%).

MORE ON REAL ESTATE

Leptos Estates 15th Annual Staff Blood Donation

“Every Blood Donor is a Life Saver” was the slogan adopted by Leptos Estates ...

Value of Building Permits Increase 38.1% in January – October 2018

Βuilding permits issued during the period January – October 2018 by the municipal ...

FROM AROUND GOLDNEWS

   

Share of Energy from Renewable Sources in Transport at 2.6% in 2017

The share of energy from renewable sources used for transport in the European Union (EU) stood at 7.6% in 2017, compared with 3.1 % in 2007. Although the ...
   

Unemployment Falls to 7.6%

Unemployment in Cyprus fell to 7.6% of the labour force in the 4th quarter of 2018, from 7.8% in the 3rd quarter, according to the Labour Force ...
   

Confusion Among Businesses about Benefits in Kind

The provision of Benefits in Kind is a practice currently followed by a significant number of businesses across Cyprus, with the aim of both creating an ...
   

Celestyal Cruises: New Goals and New Itineraries for the Year Ahead

Enjoying a dynamic presence in Greece and Cyprus, Celestyal Cruises, a member of the Louis Group, recently published official results for 2018, highlighting ...
   

Government Spokesman: No Predetermined Date for ExxonMobil’s Drilling Results

Government Spokesman Prodromos Prodromou has said that the government did not have a predetermined date for the announcement of ExxonMobil’s drilling ...
   

Trump: US Shouldn’t Block Technology

US President Donald Trump has said he wants the US to become a technology leader through competition rather than by blocking others, the BBC reports. Trump ...
   

Wicker: The US has Strong Interest in Cyprus' Reunification

Vice President of the Parliamentary Assembly of the Organization for Security and Co-operation in Europe, US Senator Roger Wicker has said that the US has a ...
   

Cathedral City Firm to be Bought for £975M

Dairy Crest, whose brands include Cathedral City cheddar and Country Life butter, has agreed to be bought by a Canadian company in a near-£1bn deal, the ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

NewCyTech_22/02-22/04_300x250px
Gold_Issue_300x250px

IMH LTD