Residential prices rose 9.1 percent in the first quarter of 2020 in Croatia compared to the same period last year. That’s far faster than the European Union average, according to the European Statistical Office. European Union real residential real estate prices rose 5.5 percent y-o-y, while the figure was just 5 percent for the eurozone during the first three months of the year.
For both zones, the Q1 figures were about half a percent higher than in Q4 2019. Among EU countries, prices rose the most on an annual basis in Luxembourg (14 percent) followed by Slovakia with 13.1 percent. In Hungary, residential prices slipped 1.2 percent.
