Croatian house prices stabilize after 2 year fall

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Croatian house prices have stabilized, after mild but steady price falls since 2008.  The national price of advertised houses was slightly up (0.4%) in January 2011 from the previous month, but 3.8% down on the previous year, according to CentarNekretnina, the largest Croatian property portal.  January’s increase was the third consecutive monthly increase.

From the high point of September 2008, the national house price index had fallen by 11% to October 2010.

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