March saw the second maximum quantity of house sales in the thirty day period considering the fact that documents started in 2000 in accordance to official statistics from the Office of Lands and Surveys.
The complete number of home revenue (as measured by the selection of contracts deposited at Land Registry places of work) in March 2023 attained 1,352 – an improve of 23% when compared to March 2022.
This is the next highest March determine given that documents began only surpassed at the peak of the increase in March 2007 when 1,903 profits contracts ended up deposited.
Although sales in Nicosia and Larnaca fell by 17% and 12% respectively as opposed to March 2022, they rose in the remaining three districts.
In percentage terms, Paphos led the way adopted by Limassol and Larnaca with the maximum variety (507) recorded in Limassol.
12 months to date residence revenue
Sales in the course of the 1st quarter of 2023 achieved 3,574 an enhance of 19% when compared to the initially quarter of 2022. With the exception of Nicosia, income have risen in all districts.