Cyprus Property Index records modest increase in second quarter, RICS says

Property prices in Cyprus have registered modest increase in the second quarter of 2016, the Royal Institution of Chartered Surveyors (RICS) Cyprus has said.

According to RICS, the index shows significant increase in approximately all large urban areas in all categories, most notably in Larnaca, whereas prices in all other areas have bottomed out.

According to a press release issued by RICS Cyprus, prices in houses and flats have registered a quarterly increase of 0.

Source: Cyprus News Agency