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Ocean Warming Speeds Up Over Four Times Faster Than In the 1980s, Study Reveals

Ocean temperatures are rising at an alarming pace, now warming more than four times faster than they were in the late 1980s, according to a new study published in Environmental Research Letters today (January 28, 2025).

In the late 1980s, the oceans warmed by just 0.06°C per decade, but this rate has now surged to 0.27°C per decade, highlighting a dramatic acceleration in global warming. Researchers believe this rapid temperature rise is contributing to the record ocean temperatures observed throughout 2023 and early 2024.

Professor Chris Merchant, lead author at the University of Reading and the National Centre for Earth Observation, likened the shift to a bathtub of water. “If the oceans were a bathtub, then in the 1980s, the hot tap was running slowly, warming up the water by just a fraction of a degree each decade. But now, the hot tap is running much faster, and the warming has picked up speed,” said Merchant. “The way to slow down that warming is to start closing off the hot tap, by cutting global carbon emissions and moving towards net-zero.”

Energy Imbalance Driving Acceleration

This increasingly rapid ocean warming is primarily driven by Earth’s growing energy imbalance, where more energy from the Sun is being absorbed than can escape back into space. Since 2010, this imbalance has roughly doubled, in part due to rising greenhouse gas concentrations and a decrease in the Earth’s reflection of sunlight.

From 2023 to early 2024, global ocean temperatures hit record highs for 450 consecutive days. While El Niño, a natural warming phenomenon in the Pacific, contributed to part of this heat, comparisons with the 2015-2016 El Niño revealed that the bulk of the extraordinary warmth could be attributed to the ocean’s increasing rate of heat absorption. In fact, 44% of this record-breaking warmth was due to oceans absorbing heat at a faster rate than in previous decades.

Implications For Future Warming

The study’s findings suggest that the ocean warming experienced over the past four decades may be just the beginning. The rate of warming seen in the last 40 years could be surpassed in just the next two decades, which will have significant implications for global climate patterns. Since the surface oceans set the pace for overall global warming, this accelerating rate of ocean temperature rise is an urgent indicator for the climate as a whole.

This study underscores the pressing need to reduce fossil fuel emissions to avoid even more rapid temperature increases and begin stabilising the climate before it is too late. The warning is clear: if left unchecked, the Earth’s rapidly warming oceans will continue to exacerbate the climate crisis.

Cyprus Residential Market Surpasses €2.5 Billion In 2025 With Apartments Leading the Way

Market Overview

In 2025, Cyprus’ newly built residential property market achieved a remarkable milestone, exceeding €2.5 billion. Data from Landbank Analytics indicates robust activity countrywide, with newly filed contracts reaching 7,819, including off-plan developments. This solid performance underscores the market’s resilience and dynamism across all districts.

Transaction Breakdown

The apartment sector clearly dominated the market, constituting 81.6% of transactions with 6,382 deals valued at €1.77 billion. In contrast, house sales represented a smaller segment, encompassing 1,437 transactions and generating €737.9 million. The record-high transaction was noted in Limassol, where an apartment sold for approximately €15.2 million, while the priciest house fetched roughly €6.2 million.

Regional Analysis

Nicosia: The capital recorded steady domestic demand with 2,171 new residential transactions. Apartments accounted for 1,836 deals generating €349.6 million, compared to 335 house transactions worth €105.5 million, anchoring Nicosia as a core market with average values of €190,000 for apartments and €315,000 for houses.

Limassol: As the island’s principal investment center, Limassol led overall activity with 2,207 transactions. Apartments dominated with 1,936 sales generating €824.1 million, while 271 house transactions added €157.9 million. The district enjoyed premium pricing, with apartments averaging over €425,000 and houses around €583,000.

Larnaca: This district maintained robust activity with a total of 2,020 transactions. The apartment segment realized 1,770 transactions worth €353 million, and houses contributed 250 deals valued at €96.3 million. Average prices hovered near €200,000 for apartments and €385,000 for houses, positioning Larnaca within the mid-market bracket.

Paphos: With a more balanced mix, Paphos completed 1,078 transactions. Ranking second in overall value at €503.2 million, the district saw house sales generate €287.8 million and apartments €215.4 million. Consequently, Paphos achieved the highest average house price at approximately €710,000 and an apartment average of €320,000, emphasizing its premium housing profile.

Famagusta: Distinguished by lower transaction volumes, Famagusta was the sole district where house sales outnumbered apartment deals. Out of 343 transactions, 176 involved houses (yielding €90.4 million) and 167 were apartments (at €32.4 million). The segment’s average prices were about €194,000 for apartments and over €513,000 for houses, signaling its focus on holiday residences and coastal developments.

Sector Insights and Forward View

Commenting on the report, Landbank Group CEO Andreas Christophorides remarked that the analysis demonstrates an ecosystem where apartments are the cornerstone of the real estate market. He emphasized, “The apartment sector is not merely a trend; it is the engine powering the country’s real estate market.” Christophorides also highlighted the diverse regional dynamics: Limassol leads in apartment pricing, Paphos commands premium house prices, Nicosia remains pivotal to domestic demand, Larnaca sustains competitive activity, and Famagusta caters to holiday home buyers.

In a market characterized by these varied profiles, informed monitoring of regional and sector-specific dynamics is crucial for investors aiming to make targeted and strategic decisions.

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