HVAR ESTATES CROATIA, Real Estate Specialists for the Island of Hvar
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Croatian real estate market turns down
ZAGREB – Real estate prices in Croatia dropped at monthly level with tendency for further decline towards year-end, Centar Nekretnina reports. However, at annual level, real estate prices grew 2.6% in October. Domenico Devescovi, head of CentarNekretnina.net, said deceleration on real estate market is very likely. Already, flat prices in Zagreb declined 1.2% m/m or 0.9% y/y to EUR 2.021/m2. The end of 2006 marked a steep increase on housing market, followed by deceleration and decrease towards the end of last year. On the Adriatic coast, 6.1% growth in housing prices was recorded to the average of EUR 2,038/m2.
Other news:
Croatian real estate market turns down, 11.01.2009
Foreigners filed 10,949 requests, 53% approved, 11.01.2009
Oppenheim: Flats more expensive next year, 11.01.2009
10 percent more tourists in vacation homes, 18.11.2008
UK wants Croatia in EU, 18.11.2008
Banks earned HRK 3.97 billion, 18.11.2008
15.9 percent more building permits in September, 18.11.2008
Croatia on its way to EU accession, 06.11.2008
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