The Cystat figure, announced in a statement on its website recently, is based on data received from the department of lands and surveys. They are therefore the outcome of a different methodological procedure compared to that of the Central Bank of Cyprus which bases its own home price index on evaluations collected by commercial banks.
In 2015, home prices rose on average 0.3% every quarter according to Cystat, while according to the central bank figures, home prices dropped 0.5% on average every quarter.
Source: Cyprus Mail
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Georg Bühler, ,
Digital assets are no longer a niche, but a part of modern finance attracting a growing number of investors – and there is immense potential for Cyprus to become a leading cryptocurrency hub. By fostering a more inclusive regulatory ecosystem, Cyprus can diversify its financial services sector and position itself at the forefront of digital finance, says Georg Bühler, Managing Director of Mount Pelion Capital.
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