Malta’s real estate registered a 6.7 per cent increase during the first three months of 2024 when compared to the corresponding period of the previous year.
The data emerges from the latest National Statistics Office release showing that the property price index (PPI) stood at 159.98 during the first quarter of this year.
The index registered a quarterly increase of 1.9 per cent when compared to the last three months of 2023.
In the period under review, apartment prices increased by 6.6 per cent, while the price for maisonettes saw an increase of 6.8 per cent.
Related
‘Sensible and timely’: MDA welcomes private car park scheme
MDA endorses Transport Malta's proposal to utilise private car parks outside business hours
€2 diesel in Italy sparks concerns over Malta’s supply chain
Fuel inflation has triggered significant cost escalation across the trailer and freight industry
Trade no longer just a driver of growth, but ‘an instrument of strategy’ – Malta’s Deputy Prime Minister
'Trade is being redefined, it is no longer just about efficiency'