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 ( Downloads) |
Book Synopsis Residential Property Price Developments and (Mis)alignments in Cyprus by : Robert C. M. Beyer
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.