Graph and download economic data for Residential Property Prices for Cyprus (QCYN628BIS) from Q1 2002 to Q2 2025 about Cyprus, residential, HPI, housing, price index, indexes, and price.

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.

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.

CEIC calculates quarterly House Prices Growth from quarterly Residential Property Price Index. Central Bank of Cyprus provides Residential Property Price Index with base Q1 2010=100.

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.

Graph and download economic data for Residential Property Prices for Cyprus (QCYN368BIS) from Q1 2003 to Q1 2025 about Cyprus, residential, housing, and price.

This statistic shows the house price index in Cyprus from the first quarter of 2016 to the second quarter of 2020. In the quarter ending June 2020, the house price index stood at 109.48.

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.

Cyprus - House price index was 1.00% in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Cyprus - House price index - last updated from the EUROSTAT on December of 2025. Historically, Cyprus - House price index reached a record high of 13.40% in December of 2006 and a record low of -7.40% in September of 2009.

Cyprus House Price Index: Limassol data was reported at 112.696 1Q2010=100 in Sep 2024. This records an increase from the previous number of 111.639 1Q2010=100 for Jun 2024. Cyprus House Price Index: Limassol data is updated quarterly, averaging 87.520 1Q2010=100 from Mar 2006 (Median) to Sep 2024, with 75 observations. The data reached an all-time high of 112.696 1Q2010=100 in Sep 2024 and a record low of 64.665 1Q2010=100 in Mar 2006. Cyprus House Price Index: Limassol 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.

In 2024, the average apartment rent in Cyprus ranged between ** and ** euros per square meter. The district with the highest rents was Limassol, where renting an apartment cost on average ** euros and a house, ** euros per square meter. In Cyprus, one in three households lived in rented housing.

Geneva stands out as Europe's most expensive city for apartment purchases in early 2025, with prices reaching a staggering 15,720 euros per square meter. This Swiss city's real estate market dwarfs even high-cost locations like Zurich and London, highlighting the extreme disparities in housing affordability across the continent. The stark contrast between Geneva and more affordable cities like Nantes, France, where the price was 3,700 euros per square meter, underscores the complex factors influencing urban property markets in Europe. Rental market dynamics and affordability challenges While purchase prices vary widely, rental markets across Europe also show significant differences. London maintained its position as the continent's priciest city for apartment rentals in 2023, with the average monthly costs for a rental apartment amounting to 36.1 euros per square meter. This figure is double the rent in Lisbon, Portugal or Madrid, Spain, and substantially higher than in other major capitals like Paris and Berlin. The disparity in rental costs reflects broader economic trends, housing policies, and the intricate balance of supply and demand in urban centers. Economic factors influencing housing costs The European housing market is influenced by various economic factors, including inflation and energy costs. As of April 2025, the European Union's inflation rate stood at 2.4 percent, with significant variations among member states. Romania experienced the highest inflation at 4.9 percent, while France and Cyprus maintained lower rates. These economic pressures, coupled with rising energy costs, contribute to the overall cost of living and housing affordability across Europe. The volatility in electricity prices, particularly in countries like Italy where rates are projected to reach 153.83 euros per megawatt hour by February 2025, further impacts housing-related expenses for both homeowners and renters.

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.

Time series data for the statistic Nominal Residential Property Price Index Quarterly and country Cyprus. Indicator Definition:Nominal Residential Property Price Index QuarterlyThe indicator "Nominal Residential Property Price Index Quarterly" stands at 101.48 as of 06/30/2025, the highest value since 03/31/2010. Regarding the One-Year-Change of the series, the current value constitutes an increase of 4.68 percent compared to the value the year prior.The 1 year change in percent is 4.68.The 3 year change in percent is 21.42.The 5 year change in percent is 27.39.The 10 year change in percent is 35.71.The Serie's long term average value is 80.71. It's latest available value, on 06/30/2025, is 25.73 percent higher, compared to it's long term average value.The Serie's change in percent from it's minimum value, on 06/30/2002, to it's latest available value, on 06/30/2025, is +132.05%.The Serie's change in percent from it's maximum value, on 09/30/2008, to it's latest available value, on 06/30/2025, is -6.16%.

Cyprus House Price Index data was reported at 97.387 1Q2010=100 in Sep 2024. This records an increase from the previous number of 96.558 1Q2010=100 for Jun 2024. Cyprus House Price Index data is updated quarterly, averaging 82.147 1Q2010=100 from Mar 2006 (Median) to Sep 2024, with 75 observations. The data reached an all-time high of 107.715 1Q2010=100 in Sep 2008 and a record low of 68.051 1Q2010=100 in Mar 2006. Cyprus House Price Index 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.

Cyprus - Labour cost index: Real estate activities was 2.30 % year-on-year in June of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Cyprus - Labour cost index: Real estate activities - last updated from the EUROSTAT on December of 2025. Historically, Cyprus - Labour cost index: Real estate activities reached a record high of 19.10 % year-on-year in June of 2021 and a record low of -17.70 % year-on-year in June of 2020.

Cyprus - Selected residential property prices, Real, Index, 2010 = 100

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Cyprus (CP0410CYM086NEST) from Jan 1996 to Oct 2025 about Cyprus, rent, harmonized, CPI, housing, price index, indexes, and price.

Key information about Cyprus Nominal Residential Property Price Index Growth

• Cyprus Nominal Residential Property Price Index Growth was reported at 4.681 % in Jun 2025.
• This records a decrease from the previous number of 4.831 % for Mar 2025.
• Cyprus Nominal Residential Property Price Index Growth data is updated quarterly, averaging -9.451 % from Mar 2003 to Jun 2025, with 90 observations.
• The data reached an all-time high of 26.839 % in Dec 2004 and a record low of -9.451 % in Mar 2014.
• Cyprus Nominal Residential Property Price Index Growth data remains active status in CEIC and is reported by Bank for International Settlements.
• The data is categorized under World Trend Plus’s Association: Property Sector – Table RK.BIS.RPPI: Selected Nominal Residential Property Price Index: 2010=100: Quarterly: YoY %.

Cyprus: Property rights index (0-100): The latest value from 2025 is 84 points, unchanged from 84 points in 2024. In comparison, the world average is 53 points, based on data from 182 countries. Historically, the average for Cyprus from 1996 to 2025 is 77 points. The minimum value, 50 points, was reached in 1996 while the maximum of 90 points was recorded in 2001.

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!!