| 21.10.2011 - Cyprus: Residential Property Price Index drop |
| Cyprus' Residential Property Price Index (RPPI) dropped 0.9% in the second quarter of 2011, marking its sixth consecutive decrease since the first quarter of 2010. The RPPI, prepared by the Central Bank of Cyprus, declined to 94.2 units down by 0.9% from 95.0 units in Q1 of 2011. On a year to year basis, the RPPI declined by 4.9%, a drop attributed to the reduction in the apartment price index...............................................Full Article: Source |