House prices rise in Cyprus at Q4 by 3.1% and 2.8% in quarterly and annual basis.

House prices, as measured by the House Price Index, rose during the 4th quarter of 2016 by 3.1% in Cyprus compared to the previous quarter and by 2.8% compared to the same quarter of the previous year, according to Eurostat. Meanwhile house prices rose by 4.1% in the euro area and by 4.7% in the EU in the fourth quarter of 2016 compared with the same quarter of the previous year. Compared with the third quarter of 2016, house prices rose by 0.8% in both zones in the fourth quarter of 2016.

Source: Cyprus News Agency