Key information about House Prices Growth

• Cyprus house prices grew 4.7% YoY in Jun 2025, following an increase of 4.8% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2007 to Jun 2025, with an average growth rate of 2.8%.
• House price data reached an all-time high of 19.0% in May 2023 and a record low of 0.7% in Jul 1974.

Housing Index in Cyprus increased to 113.99 points in the second quarter of 2025 from 113.71 points in the first quarter of 2025. This dataset provides - Cyprus House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

View quarterly updates and historical trends for Cyprus House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

Residential Property Prices in Cyprus increased 4.68 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Cyprus Residential Property Prices.

Cyprus House Price Index: Paphos data was reported at 101.603 1Q2010=100 in Sep 2024. This records an increase from the previous number of 99.575 1Q2010=100 for Jun 2024. Cyprus House Price Index: Paphos data is updated quarterly, averaging 84.474 1Q2010=100 from Mar 2006 (Median) to Sep 2024, with 75 observations. The data reached an all-time high of 104.125 1Q2010=100 in Jun 2009 and a record low of 74.517 1Q2010=100 in Mar 2017. Cyprus House Price Index: Paphos data remains active status in CEIC and is reported by Central Bank of Cyprus. The data is categorized under Global Database’s Cyprus – Table CY.EB003: Residential Property Price Index.

Over the five years through 2024, IP leasing revenue is projected to fall at a compound annual rate of 4.5% to €29.7 billion. IP leasing demand has benefitted from increasing technological complexity in vehicles, software and pharmaceuticals. Tax incentives have also driven up IP leasing by reducing the R&D costs, thereby cutting the prices charged for leasing IP. Demand from the radio frequency spectrum leasing market has surged thanks to the rollout of 5G across the majority of European geographies. However, IP leasing demand slumped at the height of the COVID-19 pandemic, which caused business confidence and research and development spending to tumble. Revenue has since bounced back, though, and is slated to swell by 0.2% in 2024 as European businesses continue to realise the benefits of leasing IP rather than developing it themselves. Revenue is forecast to surge at a compound annual rate of 4.8% over the five years through 2029, reaching €37.7 billion. Rising research and development expenditure across Europe will boost the pool of registered designs, patents and trademarks available in the market, fuelling revenue growth. European business and consumer sentiment is projected to strengthen moving forward, supporting demand for IP leasing. The ongoing trend of technological manufacturers across Europe becoming fabless will also drive up the need for leasing IP.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

The industry includes the renting and leasing of goods like automobiles, computers, consumer goods and industrial machinery and equipment to customers in return for a lease or rent payment. Services are broken down into the renting of motor vehicles, the renting of recreational and sports equipment and household equipment, the leasing of other machinery and equipment for business operations and the leasing of intellectual property products.

Cyprus CY: GDP: Growth: Gross Value Added: Services data was reported at 2.555 % in 2016. This records an increase from the previous number of 1.909 % for 2015. Cyprus CY: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 5.462 % from Dec 1976 (Median) to 2016, with 41 observations. The data reached an all-time high of 19.193 % in 1977 and a record low of -4.662 % in 2013. Cyprus CY: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average; Note: Data for OECD countries are based on ISIC, revision 4.

Cyprus House Price Index: Larnaca data was reported at 90.577 1Q2010=100 in Sep 2024. This records an increase from the previous number of 89.570 1Q2010=100 for Jun 2024. Cyprus House Price Index: Larnaca data is updated quarterly, averaging 75.845 1Q2010=100 from Mar 2006 (Median) to Sep 2024, with 75 observations. The data reached an all-time high of 104.911 1Q2010=100 in Jun 2008 and a record low of 66.178 1Q2010=100 in Mar 2006. Cyprus House Price Index: Larnaca data remains active status in CEIC and is reported by Central Bank of Cyprus. The data is categorized under Global Database’s Cyprus – Table CY.EB003: Residential Property Price Index.

The data in this dataset is collected from FRED.

I decided to create this dataset while reading the research paper Factors Affecting House Prices in Cyprus: 1988-2008 by Panos Pashardes & Christos S. Savva. This research paper is extremely informative and covers a lot of details regarding the macroeconomics involved in real estate market. So I would recommend you all to go through it once.

NOTE:

This dataset will be updated over a period of time and include the following: - Macroeconomic factors with quarterly, monthly frequencies. - Microeconomic factors such as house type, age, location, size (BR, BA, carpet area/built-up area), facilities, view, disability functions, region, house prices, etc.

NOTE 2:

I recommend you all to check the file in this dataset with the title Housing_Macroeconomic_Factors_US (2).csv, it includes both the supply and demand factors associated with the housing market.

General Defintions:

1. Macroeconomic Factors

• House_Price_Index: House price change according to the index base period set (you can check the date at which this value is 100).
• Stock_Price_Index: Stock price change according to the index base period set (you can check the date at which this value is 100).
• Consumer_Price_Index: The Consumer Price Index measures the overall change in consumer prices based on a representative basket of goods and services over time.
• Population: Population of USA (unit: thousands).
• Unemployment_Rate: Unemployment rate of USA (unit: percentage).
• Real_GDP: GDP with adjusted inflation (Annual version unit: billions of chain 2012 dollars in, Monthly version unit: Annualised change).
• Mortgage_Rate: Interest charged on mortgages (unit: percentage).
• Real_Disposable_Income (Real Disposable Personal Income): Money left from salary after all the taxes are paid (unit: billions of chain 2012 dollars).
• Inflation: Decline in purchasing power over time (unit: percentage). [Forgot to remove this column in Annual version since CPI is one of the measures used to determine inflation].

What can you do with this dataset?

• Perform statistical analysis, find significant features & find the value by which these features affect the house price index (recommend to use a percentage change instead of index).
• Perform multivariate regression and predict the price of houses using microeconomic features (soon).

Thanks! If you like this dataset, I'll appreciate it if you give this dataset a vote! Discussions, suggestions & doubts are always welcome. Happy Learning!!

The Greece Property and Casualty (P&C) insurance market presents a steady growth trajectory, exhibiting a Compound Annual Growth Rate (CAGR) of 3.67% from 2019 to 2024, reaching a market size of €7.60 billion in 2024. This growth is fueled by several key factors. Increased awareness of risk and the growing penetration of insurance products, especially in the burgeoning home and motor segments, are driving demand. Furthermore, a strengthening economy and rising disposable incomes are empowering more individuals and businesses to secure insurance coverage. The market is segmented by insurance type (home, motor, other) and distribution channel (direct, agency, brokers, others). While the direct channel gains traction with technology's advancements, traditional channels like agencies and brokers continue to hold significant market share due to established relationships and trusted advice. Regulatory changes promoting market transparency and consumer protection could further influence the landscape. Competition among major players like Allianz Greece, AXA Greece, and Ergo Insurance, amongst others, remains intense, spurring innovation and service improvements. Looking ahead to 2033, the market is projected to continue its moderate expansion. While the specific market size for 2033 is not provided, extrapolating the CAGR of 3.67% from the 2024 value of €7.60 billion indicates a significant increase in market value over the forecast period. The continued growth will depend on factors such as economic stability, government policies, and the success of insurers in adapting to evolving consumer expectations and technological disruptions. The motor insurance segment is anticipated to remain dominant, given the rising vehicle ownership and usage in Greece. Furthermore, evolving risk profiles (e.g., climate change impacting home insurance) will necessitate adaptation and new product offerings. Recent developments include: December 2022: European Reliance and Allianz Greece announced the formation of an Executive Committee (ExCom) to oversee their joint expansion journey and facilitate the effective integration of the two companies. The composition of the ExCom members has been carefully chosen with the primary goal of ensuring a seamless integration process.., February 2022: The European Commission unconditionally cleared the acquisition of Ethniki Hellenic General Insurance Company S.A. of Greece by CVC Capital Partners SICAV FIS S.A. of Luxemburg. Ethniki offers life and non-life insurance services, insurance distribution, and reinsurance services in Cyprus, Greece, and Romania. CVC and its subsidiaries manage investment funds and platforms and control many companies, including the Hellenic Healthcare Group, which offers private hospital services in Cyprus and Greece.. Notable trends are: Technological Advancements are Driving the Market.

Comprehensive Airbnb dataset for Paralimni, Cyprus providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

See the average Airbnb revenue & other vacation rental data in Cyprus in 2025 by property type & size, powered by Airbtics. Find top locations for investing.

Comprehensive Airbnb dataset for Paphos Municipality, Cyprus providing detailed vacation rental analytics including property listings, pricing trends, host information, review sentiment analysis, and occupancy rates for short-term rental market intelligence and investment research.

키프로스의 주택 가격 증가은 2025-06에 4.7 %로 보고 되었습니다. 이는 2025-03에 4.8 %라는 이전 수치에 비 해하락한 기록입니다.키프로스의 주택 가격 증가 데이터는 계간지마다 업데이트 되며,74개의 관측으로 2007-03부터 2025-06사이에 평균 2.8 %입니다. 이 데이터는2023-05에 19.0 %라는사상 최고치를, 1974-07에 0.7 %라는 최저치를 기록했습니다. 키프로스’의 주택 가격 증가 데이터는 CEIC에 활성 상태로 남아 있으며CEIC Data에 의해 보고되는 정보입니다. 본 데이터는 World Trend Plus의 Global Economic Monitor - Table: House Prices: Y-o-Y Growth: Quarterly하에 분류 됩니다.

キプロスの住宅価格成長率は、2025-06に4.7 %を記録しました。前期2025-03の 4.8 %と比べると下落の結果となりました。キプロスの住宅価格成長率は四半期で更新され、2007-03から2025-06の74つの値で平均は 2.8 %。最高値は2023-05の19.0 %、最低値は1974-07の0.7 %。住宅価格成長率はActiveステータスデータであり、CEIC Dataが発表元です。当データは、World Trend PlusのGlobal Economic Monitor – Table: House Prices: Y-o-Y Growth: Quarterlyに格納されています。