The most recent data released by the Cyprus Statistical Service (CyStat) reveals that the residential real estate market in Cyprus has remained largely steady throughout the third quarter of 2025. The House Price Index (HPI) recorded just a slight drop, indicating a market in a phase of gentle cooling rather than any major shifts.
According to the preliminary figures, the HPI stood at 146.86 units in Q3 2025, representing a minor decline of 0.3% compared to the previous quarter. Despite this, the year-over-year comparison shows a modest 0.1% increase since Q3 2024, suggesting that overall price levels are holding relatively firm despite short-term fluctuations.
Examining trends from Q3 2024 to Q3 2025, the data points to minimal variances in both quarterly and annual price changes, which supports the idea that house prices are moving within a narrow range. This stability extends across various property types within the Cypriot market.
A detailed breakdown reveals differing movements between new and existing homes. The House Price Index for new dwellings settled at 164.28 units during Q3 2025, down slightly from 164.60 units in the previous quarter. This mild decrease may reflect a small easing in buyer demand or pricing pressures in the new construction segment.
Conversely, the index for existing homes dipped to 134.75 units from 135.29 units at the end of Q2 2025, mirroring the broader trend of marginal price softening. The consistency of these figures aligns with a marketplace where sellers and buyers are navigating prevailing economic and financial conditions without dramatic shifts.
In summary, the Cypriot housing market maintains a stable profile as 2025 unfolds. Price adjustments remain modest, and volatility is notably restrained. This environment reflects a cautious but balanced response from both buyers and sellers amid ongoing economic factors.
If you’re exploring your options, whether it’s cheap houses and villas for sale in Cyprus or other property types, the current market conditions provide a realistic opportunity to assess investments with clear expectations.
For a broader perspective, you might also want to check out our listings of plots of land for sale where exploring development options could be a strategic move.
The data-driven insights from CyStat continue to underline the importance of monitoring quarterly trends closely as the year progresses, especially for those actively involved in property investment or looking to make their next move in the Cyprus real estate market.
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