EU 97.13
· European ranking
18 / 27
Up 2 positions compared with previous year
Cyprus: Home Price Affordability
An editorial snapshot of country living conditions with trend, regional spread, and context links.
Latest value
· 2024
93.60 Index, long-term average = 100
EU 97.13 · -3.5 pp vs Europe
What this indicator measures
Measures the relationship between house prices and household income as a standardised index, with the long-term average set to 100. Values above 100 indicate that house prices are high relative to income compared with that long-term average.
Lower values generally represent a more favorable situation.
Data source: Eurostat House price to income ratio tipsho60
Explore this indicator
Internal regions
No regional breakdown available for this indicator.
More context on this indicator
At a glance
Cyprus performs more favourably than the European benchmark on House price to income ratio, with a moderate gap. The trend context points to confirmed stability. The wider topic context is mixed, combining pressure signals and relative strengths.
European comparison in Cyprus
In Cyprus, Price to income is noticeably better than the European benchmark: 93.6 index points versus 97.1 index points in 2024, with a gap of 3.5 index points.
Recent trend
In Cyprus, the medium-term pattern is broadly stable: the value moved from 91.88 in 2019 to 93.64 in 2024. The latest value also changes little from 93.09 in 2023, confirming the stable reading.
Reading within the topic
In Cyprus, Housing & Energy Stress shows a mixed picture: pressure signals and relative strengths coexist across this indicator and its related indicators compared with Europe. Material recent changes among related indicators lean towards improvement.