Residential property prices index rises for ten consecutive quarters in Q4 2018

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The residential property prices index (RPPI) rose by 0.2% on a quarterly basis in the fourth quarter of 2018, continuing its upward course for a tenth consecutive quarter, with signs showing that the rising trajectory will continue in 2019, the Central Bank of Cyprus said on Wednesday. According to the Residential Property Price Index, compiled by the CBC, Nicosia, Limassol and Pafos registered a quarterly rise while Larnaca and Famagusta recorded marginal decreases. The indexes for apartments and houses marked a quarterly …

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