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Residential Properties in Cyprus Continue Upward Trend
August 28, 2018
Residential Properties Index in Cyprus rose by a quarterly 0.6% in the first quarter of 2018, continuing its upward trend for seven consecutive quarters, the Central Bank of Cyprus has said.
The Residential Properties Index (comprising both houses and apartments) in the first quarter reached 75 units from 74.6 units the previous quarter, the CBC said, following an upward trajectory since the third quarter of 2016.
On an annual basis, the Residential Properties Index rose by 1.8%, the CBC added.