Facebook Linked In Twitter
GAP Vassilopoulos

Kokkinos Stresses Need For Coordinated Actions & Investments For Green -Digital Transition

Merkel Faces Growing Pressure to Ease Germany’s Covid Curbs



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%).


THE SIGNATURE RESIDENCES Win 3 Awards In The European Property Awards 2020

THE SIGNATURE RESIDENCES, an elite mixed-use development project in the famous Cyprus ...

Value Of Building Permits Declines Sharply

The value of building permits issued in Cyprus in the period of January – November ...

Aristo Developers: Excellent Real Estate Opportunities for 2021

With a track record of consistency and confidence expanding beyond 40 years, Aristo ...



Cloudlayer8 Launches Its Brand-New And Upgraded Corporate Website

CloudLayer8 (CL8), the first independent, carrier neutral, state-of-the-art Tier III Data Center in Cyprus, has announced the launch of its new upgraded ...

EU Changes Its Energy Labelling Rules

To help EU consumers cut their energy bills and carbon footprint, a brand new version of the widely-recognised EU energy label will be applicable in all shops ...

Cyprus GDP Output Loses €1.1 Billion Amid Covid-19 Crisis

Cyprus GDP lost €1.1 billion in 2020, with economic activity severely affected by the coronavirus pandemic and the ensuing restrictions that impacted ...

Kokkinos Stresses Need For Coordinated Actions & Investments For Green -Digital Transition

Deputy Minister of Research, Innovation and Digital Policy, Kyriakos Kokkinos stressed the need to coordinate actions and investments at national and European ...

2nd Cyprus Forex Summit: FX Risk Exposure of Private Debt

IMH is organising the 2nd Cyprus Forex Summit as a digital event on Thursday, 8 April 2021. Distinguished speakers from Cyprus and abroad will present the ...

CIM Summit 2021: Navigating the Future

The Cyprus Institute of Marketing (CIM) is organising the CIM Summit 2021 ‘Navigating the Future’ for the 13th consecutive year. The Summit will be ...

Zoom Sees Revenues Soar 326% Year-Over-Year As Office Life Remains On Hold

A year of working from home may have driven many of us to the brink but it’s been great news for Zoom, the video conferencing business.   On ...

GOLD – March Issue Presents: Premium Healthcare In Cyprus

Cyprus has always had a large, thriving healthcare industry, catering not only for local residents but also for a growing number of foreign visitors who view ...