Cyprus residential property prices increase in first quarter of 2026

Preliminary data from the Cyprus Statistical Service (Cystat) indicates that the House Price Index (HPI) reached 102.95 points in the first quarter of 2026. This reflects a 3.4 percent increase compared to the same period in 2025 and a 1.6 percent rise over the fourth quarter of 2025. This result marks the 17th consecutive quarter of annual growth in housing prices. The index for new residential units climbed to 103.25 points, up from 102.06 in the previous quarter, while the index for existing dwellings reached 102.51 points. Although annual growth slowed compared to previous quarters, the quarterly figures show a renewed upward momentum. The last recorded annual decline occurred in the fourth quarter of 2021.