The most recent preliminary data from the Cyprus Statistical Service (CyStat) indicates that the residential real estate market in Cyprus held steady during the third quarter of 2025. The House Price Index (HPI) experienced only a slight decline, reflecting a market that is stabilising rather than shifting dramatically.
In Q3 2025, the overall HPI was recorded at 146.86 units, showing a marginal 0.3% drop compared to Q2 2025. However, when looking at the year-on-year figures, prices are still 0.1% higher than in the third quarter of 2024. This subtle decrease signals a gentle market cooling, without any significant corrections or shocks.
Analyzing the data spanning from Q3 2024 to Q3 2025, the property prices demonstrate minimal quarter-to-quarter and annual variability. This range-bound movement suggests confidence among buyers and sellers is currently balanced amid ongoing economic factors.
Breaking down the index further, new-build properties saw their HPI decline slightly from 164.60 in Q2 2025 to 164.28 in Q3 2025. This small dip could point to a mild softening in demand or price pressure in the new construction segment.
At the same time, existing homes in the market saw the index ease from 135.29 units in Q2 to 134.75 in Q3. This modest decrease aligns with the overall trend of restrained price movement for resale properties.
These developments reflect a real estate market currently characterised by stability and modest fluctuations rather than rapid price jumps or falls. For prospective buyers exploring opportunities, this environment can provide a clearer picture for making informed decisions.
For those interested in affordable properties, the market still offers attractive choices such as Cheap Houses and Villas for Sale Cyprus and Cheap Apartments for Sale Cyprus, which continue to draw demand amid the steady price environment.
Overall, the Q3 data underlines a Cypriot housing market that’s adapting thoughtfully to economic realities: neither overheating nor plunging but presenting an environment of consistent opportunities for buyers and sellers to engage with confidence.
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