House Price Index up 2.5% on annual basis in Q2 this year

07:13 - 04 October 2024

Real Estate Reporter

Τhe House Price Index for the second quarter of 2024 amounts to 112.86 units, according to CySTAT's preliminary estimate. increasing by 2.5% compared to the Index of the corresponding quarter of 2023.

Compared to the first quarter of 2024, the HPI increased by 1.2%.

The House Price Index (HPI) is a quarterly index which measures the change in the average prices of residential housing units. It captures all types of residential properties, both new and existing. The land component of the residential property is included.

(Source: CNA)

House Price Index up 2.5% on annual basis in Q2 this year

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