Brussels is watching with interest the developments in Cyprus over a possible new suspension of the foreclosure framework.According to CNA sources, while the reform of the non-performing loans...
In 2021, building permits in terms of useful floor area went up by 15% in the EU according to data released by Eurostat, the statistic service of the European Union.Eurostat measures trends in...
19/10/2022
Construction materials prices recorded an increase of 16.24% on an annual basis this September, data released by the Cyprus Statistical Service show.In particular, according, the Price Index of...
19/10/2022
An acceleration in the increase of house prices was recorded in the second quarter of 2022, mainly due to increased construction costs, the Central Bank of Cyprus says, in its quarterly report on the...
07/10/2022
Property sales increased by 18% during the first nine months of 2022, compared to the corresponding period in 2021. Also, the number of sale agreements submitted to the Land Registry Department,...
03/10/2022
The Index of Industrial Production in July marked a marginal annual decline in the first reduction since February 2021, mainly driven by the sectors of electricity supply, mining and quarrying and...
30/09/2022
Cyprus, in terms of development projects, is evolving and following an upward trend and scientific architects play a crucial role, pledged President of the Republic, Nicos Anastasiades.In a speech on...
26/09/2022
Apartments led the way in sale and rent price hikes in the second quarter of 2022, according to the Ask Wire Index for property sale and rental values.Across Cyprus, on a quarterly basis sale values...
22/09/2022
The Construction Materials Price Index recorded a 16.69% increase in August 2022 compared to August 2021.According to data from the Statistical Service, the index stood at 134.34 points (base in 2015...
19/09/2022
The number of applications approved for participation in the Restructuring Scheme “Estia” have increased, reaching 1,049. At the same time, 881 objections were approved and these applications will be...
09/09/2022