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Property Prices in Cyprus: Residential Property Price Index (2010=100)

Cyprus

Source: Central Bank of Cyprus

House prices in Cyprus, % change 1 yr

Nominal and inflation-adjusted ('real')

Cyprus

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20231.54%1.15%-0.6%
2022-1.45%-2.34%1.32%1.29%
20210.18%-1.48%-1.02%0.23%
20200.45%3.04%-1.05%-0.49%
20190.79%-0.14%1.06%-0.27%
20180.29%-1.83%0.34%2.04%
20170.07%1.3%0.83%0.17%
20161.18%-1.12%-0.55%-0.19%
2015-0.6%-0.7%0.72%-0.27%
2014-2.64%-2.67%-0.95%-0.56%
2013-1.6%-1.91%-1.47%-1.51%
2012-1.13%-2.55%-1.06%-1.12%
2011-1.61%-3.23%-0.5%-3.48%
2010-2.18%-1.15%-1.08%-0.81%
2009-4.34%-0.42%1.02%-0.07%
20088.38%1.09%-0.27%-1.64%
20076.49%6.69%1.66%1.69%
20064.94%1.39%5.74%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.