Real estate prices in Croatia rise above the European average

8 October 2020

According to the Eurostat report, in the second quarter of 2020, Croatia was among the countries of the European Union with the highest growth of real estate prices on an annual level, which is significantly higher than the European average. Eurostat calculated that the price of residential real estate rose in the second quarter by 5.2 percent compared to the same period last year.

In the eurozone, real estate prices rose by 5.0 percent. Their growth also weakened slightly compared to the first three quarters of this year, when, according to revised data, they jumped 5.1 percent, the strongest since the beginning of 2007. Among EU countries, residential real estate prices rose the most, by 13.3 percent. It is followed by Poland with 10.9 percent, Slovakia with 9.7 percent and Croatia with 8.3 percent. In the first three months of this year, real estate prices in Croatia rose by 9.1 percent. In Croatia, residential real estate prices rose 1.8 percent in the second quarter compared to the previous quarter when they rose 2.7 percent.

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