Democratic Rally reports deepening housing crisis in Cyprus

The Democratic Rally (DISY) party has stated that the housing crisis in Cyprus is worsening rather than improving. According to the Central Bank's residential property index for the fourth quarter of 2025, the cost of housing increased by 7.1%, up from a 5% increase in the third quarter. Breaking down these figures, apartment prices rose by 9.6%, while house prices saw a 3.4% increase. DISY noted that rising rents are disproportionately affecting apartments, which are typically the most accessible housing option for young couples. The party criticized the government's existing measures as inadequate to meet current needs. To address the shortage, DISY proposed several solutions, including faster building permit processing, expanded urban planning incentives, and financial support for young couples to purchase or renovate older properties. Additional suggestions included modernizing local plans and providing incentives for rural housing developments. The party emphasized that urgent, large-scale interventions are necessary to prevent further escalation of the housing affordability issue.