Croatia house prices: Up 6.9% y-o-y in Q3

ZAGREB, 24 January (Hina) – House prices in Croatia were 6.9% higher in the third quarter of 2020 than in the same period of 2019, according to data from the National Bureau of Statistics (DZS) based on the value of transactions.

Prices of newbuilds increased by 1.6%, while prices of the existing stock rose by 7.6%.

Compared with the third quarter of 2019, house prices increased by an average of 5.7% in Zagreb, by 7.5% on the Adriatic coast and by more than 9% elsewhere in the country.

Compared with the second quarter of 2020, house prices fell by 0.6%, with prices of newbuilds decreasing by 0.5% and those of the existing stock by 0.7%. House prices fell by 1% in Zagreb, rose by 0.5% on the Adriatic coast and dropped by 2.2% elsewhere.