Homeowners show decline in Cyprus
Homeownership in Cyprus came to 68.8% last year, slightly below the European Union average of 69.2%, according to Eurostat. Conversely, 31.2% of the population lived in rented housing, just above the EU average of 30.8%. Cyprus has historically boasted one of the highest homeownership rates globally, with figures nearing 78% around 20-25 years ago. The …