While sales in February increased to 834 compared to 666 in the same month in 2018, the overall increase for the first two months hit 18% compared to the same period last year. Total sales until the end of February amounted to 1600 up from 1361 last year.
Nicosia recorded the highest sales increase of 47%, followed by Paphos with a 22% jump. Sales of real estate properties in Larnaca also went up by 13%.
In 2018, real estate purchases rose to their highest point since 2008, when buyers dropped sharply. Last year also clocked up the fifth consecutive annual increase in property sales.
Source: Financial Mirror