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Property transactions up 18% in July

Property transactions up 18% in July

By Stelios Orphanides

The number of properties that changed owners in July rose 18 per cent to 739 compared to the respective month of 2016, the Department of Lands and Surveys said.

The increase in property transactions last month reflects an increase in all districts with the exception of Larnaca where they fell an annual 16 per, cent to 103, the department said in a statement on its website. It was Larnaca’s second consecutive drop and the fifth this year.

Property transactions increased an annual 22 per cent last month in both Nicosia and Limassol to 124 and 269 respectively, 20 per…[Read Full Article]

 

© BusinessMail

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