Overview of housing trends, industry leadership, and economic developments in Cyprus

Eurostat data indicates that Cyprus experienced a 6% increase in house prices in Q4 2025, exceeding the EU average of 5.5%, with rents rising by 4.2% in March 2026. Despite a 0.6% rise in the house price-to-income ratio, the island continues to face affordability challenges. In industry news, the Paphos hotel association re-elected Loizides as leader alongside a new board of directors tasked with a three-year mandate to enhance tourism competitiveness. Separately, the Bank of Cyprus issued new shares to twenty management members between March 18 and April 2, 2026, with approvals from the Euronext Athens and Cyprus Stock Exchange confirmed on May 19. Furthermore, the 2026 DOERS Summit is scheduled for May 22 at the Kolla Factory, featuring a discussion on innovation scaling with participant Gupta. Finally, Shipping Deputy Minister Marina Hadjimanolis addressed the maritime community, highlighting the importance of gender inclusion for the industry's future competitiveness.