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Residential Property Price Index continues upward trend, deceleration expected in 2020, CBC says
CNA - CYPRUS/Nicosia 22/05/2020 17:19


Cyprus Residential Property Price Index (RPPI) continued its upward trend in the third quarter of 2019 pushed by rises both in houses and apartments, with the Central Bank of Cyprus pointing out that the RPPI is expected to decelerate in 2020 due to declining interest to the Cyprus Investment Programme’s stricter criteria governing the granting of citizenship to investors.
 
In the third quarter of 2019, the RPPI marked a quarterly increase of 0.7% with prices registering increase in all districts.

(CNA)

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