Advertising
News
To the list of news

10 Jun 2026
Disy says Cyprus housing crisis is worsening as prices and rents continue to rise

Nicosia, Cyprus. Disy said on Tuesday that Cyprus’ housing crisis is worsening rather than easing, warning that faster action is needed to increase the country’s housing stock. The party said current measures have not resolved the problem and that conditions have continued to deteriorate.


Rising housing costs

In a statement, Disy said house prices and rents are continuing to rise, making it increasingly difficult for young couples to secure housing. It added that even households that are able to find accommodation are being forced to spend a larger share of their income on housing costs.

Central Bank figures

According to the latest figures from the Central Bank of Cyprus housing index, the cost of acquiring a home increased by 7.1 per cent during the fourth quarter of 2025. This was higher than the 5 per cent rise recorded during the third quarter of the same year.

Apartment prices lead increases

Disy said apartment prices rose by 9.6 per cent, while prices for houses increased by 3.4 per cent. It added that a similar upward trend has also been observed in rental prices, with the sharpest increases recorded in apartments, which it described as the most affordable housing option.

Call for faster action

The party said the measures taken by the government were not sufficient and said it had made that assessment more than two years ago.

Показать комментарии
Subscribe
Notify of
guest

0 Comments
Inline Feedbacks
View all comments