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Real Estate Prices Continue To Slide

Real estate sale prices in Croatia continue to drop. According to the latest data published by CentarNekretnina, sought-after prices again were down in April, dropping 0.2% on March data and down 4.8% on April 2012.

Sought-after prices in the capital Zagreb had dropped even more than the national average, falling 0.6% on the month and 6.5% from 2012. The average price per square meter in Zagreb for an apartment in April was 1,615 euro/m2.

It was not only Zagreb were prices were continuing to fall. The average sought-after house price on Croatia’s Adriatic coast had fallen to 1,545 euros/m2, which is 3.4% less than it was in April 2012. Sought-after prices for apartments on the coast had fallen slightly more, down 3.8% from 2012 with Split seeing the largest drop, down 7.2% from 2012.

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