House prices in Cyprus increased during the third quarter of 2019 on an annual basis for the 12th quarter in a row, a provisional estimate published by the Cyprus Statistical Service shows.
In particular, according to a Cyprus Statistical Service preliminary estimate, the house price index (HPI) for the third quarter of 2019 amounts to 105.69 units.
Compared to the second quarter of 2019, the HPI fell by 5.9%. However, the index increased by 2.3% compared to the same quarter of 2018.
It is further noted that in the second quarter of last year HPI recorded the highest level since the third quarter of 2011.