1 comment.Residental Property Price Index up 5.6% in second quarter
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In the second quarter of this year, the Residential Property Price Index stood at 171.93, an annual rise of 5.6% when compared to the corresponding quarter of 2024, the National Statistics Office said today.
It noted that the Apartments Price Index and the Maisonettes Price Index stood at 171.15 and 165.90, registering annual increases of 5.2% and 6.7% respectively.
Compared with the first quarter of this year, the RPPI registered a quarterly increase of 1.7%, the NSO said.
File photo: Gozo News/Alain Salvary
For young engaged couples & newlyweds are being bonded with exaggerated costs that will last a lifetime of repayments. This is absurd as before it may have been low, now greed has taken over since the European Court handed a free hand to owners exploitations. I do believe that the Government has a duty to see that a just & fair payment system is implemented for both sides. Abuse has never been beneficial to the general public or any administration.