Residential Property Price Developments and (Mis)alignments in Cyprus
Author | : Robert C. M. Beyer |
Publisher | : International Monetary Fund |
Total Pages | : 13 |
Release | : 2023-07-07 |
ISBN-10 | : 9798400247811 |
ISBN-13 | : |
Rating | : 4/5 (11 Downloads) |
Download or read book Residential Property Price Developments and (Mis)alignments in Cyprus written by Robert C. M. Beyer and published by International Monetary Fund. This book was released on 2023-07-07 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Residential house prices in Cyprus show no signs of overvaluation in international comparison, and various indicators confirm that prices are aligned with economic fundamentals. However, still-high household debt poses a risk. Regional disparities raise some concerns about affordability, notably in Limassol, calling for supply-side measures to increase housing supply.