Nicosia, Cyprus. Cyprus recorded a return to growth in house sales in 2025, with transactions rising by 3.8 per cent, according to Eurostat data on housing market trends across European Union member states. The increase followed a 1.1 per cent decline in 2024.
Cyprus market recovery
The 2025 increase marked a recovery after a year of weaker activity in the Cypriot property market. Earlier data showed stronger momentum in previous years, with house sales rising by 10.8 per cent in 2023 and by 25.5 per cent in 2022.
European Union trends in 2025
Across the European Union, house sales in 2025 increased in most countries for which comparable data were available, while declines were recorded in three of the 18 member states included in the dataset.
The largest contractions were recorded in Croatia, where sales fell by 4.1 per cent, Bulgaria, down 2.5 per cent, and Poland, down 1.1 per cent.
By contrast, the strongest growth in 2025 was recorded in Slovenia, where sales rose by 29.9 per cent, followed by Lithuania at 22.8 per cent and Austria at 21.4 per cent.
Comparison with 2024
Looking at 2024 compared with 2023, Eurostat data showed that the number of transacted dwellings declined in six countries while increasing in 12.
The sharpest falls in 2024 were recorded in Slovenia, down 17.7 per cent, Croatia, down 13.9 per cent, and France, down 9.4 per cent.
At the same time, several markets posted strong gains in 2024, with Luxembourg recording a 47.1 per cent increase in transactions, followed by Hungary at 34.8 per cent and the Netherlands at 17.0 per cent.
