Property prices in Cyprus increase significantly according to RICS data

Property prices in Cyprus recorded a significant increase in the last quarter of 2016, according to RICS Cyprus.

The Property Price Index has recorded increases in almost all cities and asset classes, with significant increases being recorded in Larnaca, Limassol and Nicosia, whilst other cities are progressively bottoming out, RICS said in a new publication on Wednesday.

The figures showed that across Cyprus, residential prices for both houses and flats increased on a quarterly basis by 1.

Source: CNA

Read more here.

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