Nominal growth of residential property prices in the local currency reached 1.50% in 2017 in Cyprus, according to the National Statistical Office. This is 259% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Cyprus reached an all time high of 26.9% in 2004 and an all time low of -8.46% in 2013.
Cyprus has been ranked 52nd within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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