11 April 2022 - Croatian house prices rose by 9.1% in the fourth quarter of 2021 compared with the same period in 2020, according to data from the National Bureau of Statistics (DZS).
House prices had continued to grow on an annual level since the second quarter of 2017. The highest growth was recorded in the second quarter of 2019 when they went up by 10.4% year on year.
In the last quarter of 2021, prices of newbuilds increased by 15% compared with the same period in 2020, while prices of existing residential properties went up by 8.4%. On average, house prices increased by 8.8% in Zagreb, by 11.7% along the Adriatic coast and by 4.1% elsewhere in the country.
Compared with the third quarter of 2021, house prices rose by 2.5%, with prices of newbuilds increasing by 3.9% and prices of existing residential properties by 2.3%. Prices of residential properties went up by 2.4% in Zagreb, by 3.1% along the coast and by 1.4% elsewhere.
