Eurostat: Cyprus recorded the largest quartely drop in house prices during the third quarter in the EU

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Cyprus recorded the largest quarterly drop in house prices during the third quarter in the EU, but prices are still increasing in the annual base.More specifically, house prices, as measured by the House Price Index, rose by 4.1% in both the euro area and the EU and by 2.3% in Cyprus, in the third quarter of 2019 compared with the same quarter of the previous year, according to Eurostat, the statistical office of the European Union.Compared with the second quarter …

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