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February 2017

Cyprus’ housing market improving, after dramatic measures encourage buyers

After seven long years of house price falls, Cyprus housing market is now showing some improvement, amidst recovering economy. House price falls are now decelerating. Property transactions are rising. Residential construction activity is also increasing. These developments follow the 2015 passage of a "Trapped Buyers Law" to enable access to title deeds, a 2014 regulatory reform to ensure greater...