House prices in Cyprus continued to increase in Q2, despite COVID-19 uncertainty

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House prices continued their upward trend in the second quarter of 2020, recording a quarterly increase of 0.9%, compared to an increase of 0.4% in the first quarter of 2020, despite the growing market uncertainty due to the COVID-19 pandemic, the Central Bank of Cyprus (CBC) notes in a press release on the Residential Property Price Index (RPPI). House prices increased by 1% while remaining stable in the previous quarter and apartment prices increased by 0.8% compared to a 1.4% increase …

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