House Price Index from Statistical Service of Cyprus Q1 2016Τhe Statistical Service of Cyprus publishes for the first time the HPI which is a quarterly index that measures the change in the average prices of residential dwellings. It captures all types of residential properties, both new and existing. According to preliminary estimate of the Statistical Service, the HPI for the first quarter of 2016, amounts to 86,32 units. Compared to the fourth quarter of 2015, the index decreased by 3,4% while when compared with the corresponding quarter of 2015, HPI decreased by 1,2%.
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