US Edition4 Articles
4 Articles
Cyprus property prices set to fall as housing supply grows - Cyprus Property News
Cyprus is poised for a decline in both rental and property purchase prices over the coming years, President Nikos Christodoulides has announced, largely due to a significant increase in new housing developments, which are expected to bring balance to the property market. Speaking at a dinner hosted by the Cyprus Property Developers Association in Limassol, […] The post Cyprus property prices set to fall as housing supply grows appeared first on …
Will Cyprus Be the First in Europe to See a Property Price Crash? - Commonwealth Union
(Commonwealth_Europe) Cyprus is set to witness a decline in both rental and property purchase prices over the coming years, according to President Nikos Christodoulides. This announcement was made during a dinner hosted by the Cyprus Property Developers Association in Limassol, where the president addressed stakeholders in the real estate and construction sectors. The president attributed the expected in housing costs to a series of strategic ho…
Real estate developers believe that the rise in housing prices in recent years will lead to a market collapse that will paralyze production in about three years, as a result of a sharp drop in demand, once prices are so high that there are no buyers, and they are urging the authorities to take action. Read more]]>
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
