Central Bank Predictions on Stabilizing Housing Prices
November 16, 2024
The Central Bank forecasts changes in the real estate market, with shifts in demand and prices. Increased supply and reduced fluctuations in the market are expected to lead to more moderate increases in housing prices. In areas like Limassol and Nicosia, supply seems to be rising, while regions like Paphos and Famagusta maintain high demand. Overall, prices are anticipated to slow down in the near future.