CBC: Cyprus housing prices increased by 3% in Q4

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The Cyprus home price index increased by 0.3% to 73.5 quarter 4 of last year however fell by an annual 0.9%, the Central Bank of Cyprus released in an online statement. “The small increase, the second in a row, reflects the recovery of the housing and marketing sector”. In the final quarter of 2016, apartment prices increased a quarterly 1.2% while house prices dropped by 1%.