House prices in Croatia rose by 9% in 2019, DZS data shows
- by croatiaweek
- in Business
ZAGREB, April 14 (Hina) – House prices in Croatia in 2019 were on average nine percent higher than in 2018, data from the National Bureau of Statistics (DZS) shows.
Prices of new-builds rose by 8.3% on average, while prices of existing residential properties increased by 9.1%.
House prices went up by 13.2% in Zagreb, 6.9% on the Adriatic coast and 3.8% elsewhere in the country.
In the fourth quarter of 2019, prices of residential properties rose by 2.9% compared with the previous quarter and jumped by 10% compared with the last quarter of 2018.
Prices of new-builds fell by 0.5% compared with the third quarter of 2019 and increased by 6.9% compared with the third quarter of 2018, while prices of existing properties went up by 3.4% quarter on quarter and by 10.4% year on year.
In Q4 2019, compared with Q3, house prices rose by 2.9% in Zagreb, by 1.9% on the Adriatic coast and by 5.4% elsewhere in the country. Compared with Q4 2018, prices increased by 14.7% in Zagreb, by 6% on the Adriatic coast and by 7.5% elsewhere.