Residential house prices in Cyprus accelerated during 2007 according to the latest results from the BuySell Home Price Index, rising by 19.2% for the whole year compared with 6.6% in 2006.
The BuySell Home Price Index closed at 139.06 units for the year, bringing the Average Home Price in Cyprus to CYP 108,344 (EUR 185,117).
However, they ended the year on a negative note, slipping by 1.9% in December over the previous month.
