Cyprus house prices rise 7.9% as sales grow, Croatia and Luxembourg slump
House prices in Cyprus rose 7.9 per cent year on year in the second quarter of 2026, above the EU average of 4.7 per cent, Eurostat figures show. The number of property sales in Cyprus grew 13.6 per cent in the first quarter and 17.1 per cent in the second, while rents rose by about 4 per cent against the 2025 average. By contrast, sales fell 42.2 per cent in Croatia in the first quarter and 35.1 per cent in Luxembourg in the second. Cyprus also has the lowest share of young people living in overcrowded conditions in the EU, at 3.5 per cent.
For residents and buyers in Cyprus, housing is getting more expensive: prices are rising faster than the EU average and rents are up about 4 per cent, even as Cyprus keeps the EU's lowest share of young people in overcrowded housing at 3.5 per cent.