Rise in rents outpaces increase in salaries

Rent are up, but salaries have not kept pace according to a new study by KPMG Cyprus. It shows that rents at the end of 2018 were up an annual 16.7% while salaries rose by only 2.7%. As regards the fourth quarter of 2018, house prices rose by 2.4% and apartment prices by 4.5% on…
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