Showing posts with label price drop. Show all posts
Showing posts with label price drop. Show all posts

Monday, October 4, 2010

Real estate prices down again, further drops expected

The average asking price of real estate in Croatia is down again this September  by 1.2 per cent compared to August, 5.3 per cent on a yearly basis, latest research by real estate portal CenterNekretnina shows.

The analysis of 428,000 asking prices shows that prices in Zagreb fell 1.3 per cent compared to last month or 6.1 per cent on a yearly basis. The Adriatic coast experienced a similar drop of 1.1 per cent, but the annual comparison is slightly lower at 4.1 per cent. The average price per square metre for an apartment on the Adriatic was 1,926 Euros.

In the most important market, Zagreb, the price drops have varied significantly depending on the location. The average asking price for an apartment in Zagreb was 1,818 Euros in September, 0.9 per cent less than last month and 4.7 per cent less than last year.

















News source: Croatiantimes.com link: article