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Real estate prices in Croatia are slowing slightly

By  Jan 22, 2018

Real estate prices in the European Union slightly accelerated in the third quarter of 2017, in comparison to the same period the year before, whilst their growth slowed slightly in Croatia, shows data from the European Statistical Office (Eurostat).

According to Eurostat data for the third quarter of last year, real estate prices in the EU increased by 4,6 percent compared to the same period of 2016, whilst in Croatia they increased by 3,8 percent compared to the same period of 2016.

Furthermore, among the EU member countries, the highest growth in real estate prices at the annual level was recorded in the Czech Republic (12,3%), followed by Ireland (12%) and Portugal (10,4%).

A decline in real estate prices was recorded only in Italy, 0,9 percent in comparison to the third quarter of 2016.
Croatia’s real estate prices in the third quarter of 2017 increased by 0,6 percent in comparison to the previous quarter when they increased by 3,7 percent, said the Eurostat report.

In the period from July to September 2017, lower real estate prices on a quarterly basis recorded only Romania (1,6%), Finland and Italy (0,5%) and Cyprus (0,3%).