House sales in Cyprus bounced back in 2025, posting a 3.8% annual increase following a minor decline the previous year. The performance aligns with a broader recovery across most European Union member states, led by surging property markets in Slovenia and Lithuania.

Cyprus Property Market Bounces Back in 2025

The number of house sales in Cyprus increased by 3.8% in 2025 compared with 2024, according to data published by Eurostat on Monday.

Reversal of Previous Year's Minor Market Contraction

The increase followed a 1.1% decline recorded in Cyprus in 2024 compared with 2023, according to the same data.

Widespread Recovery Across Most European Union Member States

At the European Union level, Eurostat reported that house sales increased in most countries for which data are available in 2025. Specifically, among the 18 EU countries for which data are available, the number of dwellings changing ownership declined in three countries.

Minor Decreases Logged in Just Three EU Nations

The decreases were recorded in Croatia (-4.1%), Bulgaria (-2.5%) and Poland (-1.1%).

Slovenia and Lithuania Lead Widespread European Gains

The largest increases in house sales in 2025 were recorded in Slovenia (29.9%), Lithuania (22.8%) and Austria (21.4%).

Retrospective Look at Regional Shifting Trends in 2024

For 2024, compared with 2023, Eurostat reported that the number of house sales declined in six countries and increased in twelve. The largest decreases in 2024 were recorded in Slovenia (-17.7%), Croatia (-13.9%) and France (-9.4%). The largest increases in 2024 were recorded in Luxembourg (47.1%), Hungary (34.8%) and the Netherlands (17.0%).

Source: CNA(ΚΥΠΕ)