Prices of new housing in H1 2018 up by 4.7 pct year-on-year

N1 (ilustracija)

The average price of a square metre of new flats in Croatia in the first half of 2018 was 10,829 kuna (€1,460) or up 4.7 percent year-on-year, the state statistics bureau said.

The average price of newly built flats in Zagreb was 12,397 kuna (€1,670) per square metre, or up 6.4 percent compared to the first half of 2017, while elsewhere in the country it was 9,785 kuna (€1,318) or 2.8 percent up.

The average price of new flats sold by real estate businessers, outside the government-subsidised housing programme (POS), was 11,301 (€1,523) per square metre, or up 2.5 percent year-on-year. In Zagreb, the price went up by 5.6 percent to 12,429 kuna per square metre, and elsewhere in Croatia the selling prices inched up slightly by 0.44 percent to 10.360 kuna.

The average price of subsidised housing across the country was 7,584 kuna, down 6.6 percent compared to the first half of 2017. In Zagreb, the price dropped by 4.6 percent to 7,813 kuna, and elsewhere in Croatia it fell by 6.6 percent to 7,579 kuna.

Over the first six months of the year, 1,310 new flats were sold, including 500 in Zagreb. The national total includes 173 subsidised flats.

(€1 = 7.42 kuna)

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