Cyprus House Price Index Sees 2.7% Yearly Growth

by THEFUTURE.TEAM

January 13, 2025

Residential property prices continued their upward trend, with the House Price Index (HPI) climbing by 2.7% year-on-year in the third quarter of 2024, according to preliminary data from the Statistical Service of Cyprus (CYSTAT).

Quarter-on-quarter, the HPI recorded a modest 0.7% increase compared to the second quarter, bringing the index to 110.65, based on a 2015 reference year (2015=100).

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The HPI is a key metric for tracking changes in the average price of residential properties across Cyprus, encompassing new and existing homes. The index also factors in the value of the land associated with these properties, making it a comprehensive measure of market trends.

Data for the index and associated weights are sourced from the Department of Lands and Surveys under the Ministry of Interior. The figures cover all areas under the control of the Republic of Cyprus and are considered provisional, subject to updates as new information becomes available.

CYSTAT uses a detailed methodology to calculate the HPI, stratifying data into old and new properties and applying a rolling window hedonic regression model to determine sub-indices. These sub-indices are then weighted according to the total value of properties in each category from the previous year.

This latest update highlights the ongoing resilience of Cyprus’s residential property market, reflecting steady demand and a stable economic backdrop.

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EU Farm Output Prices Decline For The First Time In Nine Months

by THEFUTURE.TEAM

March 12, 2026

EU Market Adjustments Signal New Price Trends

Agricultural output prices across the European Union declined in the fourth quarter of 2025, marking a shift after several quarters of increases. Data from Eurostat shows that farm gate prices fell by 1.9% compared with the same period in 2024.

Crisis of Declining Prices In Select Markets

Cyprus recorded one of the more notable decreases in agricultural input costs among EU member states, with prices falling by 2.6% compared with Q4 2024. The reduction eased cost pressures for the local agricultural sector following periods of higher prices earlier in 2025. Across the EU, prices for goods and services consumed in agriculture remained relatively stable. Non-investment inputs such as energy, fertilisers and feedingstuffs showed limited overall changes during the quarter.

Country-Specific Divergence In Price Movements

Eurostat data highlights considerable variation across member states. Fifteen EU countries recorded declines in agricultural output prices. Belgium registered the largest decrease at 12.9%, followed by Lithuania (8.2%) and Germany (6.0%). At the same time, twelve countries reported increases in output prices. Ireland recorded the strongest rise at 6.8%, followed by Slovenia (5.6%) and Malta (4.2%).

Stability In Agricultural Inputs Amid Commodity Shifts

Agricultural input prices also showed mixed developments. Eleven member states recorded declines, including Cyprus (2.6%), Belgium (2.1%) and Sweden (2.0%). Other countries experienced moderate increases, including Lithuania (4.2%), Ireland (3.3%) and Romania (2.5%). Among major agricultural commodities, milk prices declined by 4.1% while cereal prices fell by 8.9% across the EU. In contrast, fertilisers and soil improvers increased by 7.9%, reflecting continued volatility in input markets.

Outlook For EU Agriculture

The latest Eurostat data points to uneven price developments across the EU agricultural sector. While input prices remained broadly stable in many markets, movements in output prices varied significantly between member states. These trends highlight the need for farmers and policymakers to adapt to shifting commodity prices and changing cost structures across the European agricultural market.

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