Last year’s third quarter saw an increase in Malta’s property prices, according to fresh data released by the National Statistics Office (NSO) showing that its Residential Property Price Index RPPI rose by 6.9 per cent.
The findings refer to data collected in the third quarter of 2024, with the increase reflecting the year-on-year increase over the corresponding period of 2023.
Over that period, apartment prices increased by 6.9 per cent while the asking price for maisonettes increased by a slightly more moderate 5.8 per cent.
When compared to the second quarter of 2024, the RPPI registered a quarterly increase of 1.5 per cent.
Trust, talent and transformation: The Malta Institute of Accountants’ vision for growth
CEO Maria Cauchi Delia believes accountants are ‘the bedrock of trust in Malta’s economy’
MFSA to ‘step up’ supervision of AI in financial services
Regulatory strategy is no longer just a compliance function
Teva Malta defends pay offer as GWU orders industrial action at Bulebel plant
The union said the decision to commence industrial action 'was not taken lightly,' but followed months of unsuccessful negotiations