Increase in rents and stability of housing prices in Cyprus
October 14, 2024
From 2010 to the second quarter of 2024, rents in Cyprus increased by 9.02%, which is lower than the EU average of 24.83%. During the same period, housing prices in Cyprus remained stable, in contrast to many other EU countries where significant price increases were recorded. Notably, countries like Estonia and Hungary saw the largest increases in both rents and housing prices. Overall, prices and rents in most EU countries are on an upward trend.