Annual house prices in the first quarter of 2021 fell 5.8% in Cyprus, while across the European Union, they rose by an average of 6.1%.
In the first three months, house prices, as measured by the House Price Index, increased by 5.8% in the euro area, 6.1% in the EU but decreased by 5.8% in Cyprus compared to the same quarter of the previous year, according to Eurostat.