Housing prices in Cyprus rose by 3.5% in the fourth quarterof 2018 and by 1.6% year-on-year, according to Eurostat's statistical office,in its latest news release.
Compared to the third quarter of 2018, housing prices roseby 0.7% in the euro area and by 0.6% in the EU in the fourth quarter of 2018.
Among the EU member countries for which data are available,the highest annual growth in housing prices in the fourth quarter of 2018 wasrecorded in Slovenia (+ 18.2%), Latvia (+ 11.8%) and the Czech Republic (+ 9.9%), while prices fell in Italy (-0.6%).
Compared with the previous quarter, the largest increase wasrecorded in Slovenia (+ 6.5%), Latvia (+ 4.3%) and Malta (+ 3.8%), while thedecrease was observed in Denmark (-1.7%) Belgium (-0.5%), Great Britain(-0.4%), Sweden (-0.2%), Italy (-0.2%) and France (-0.2%). Eurostat reportsthat the annual increase in housing prices recorded in Cyprus in the fourthquarter of 2018 was 1.6%, and an increase of 3.5% compared with the previousquarter.