Croatian housing market remains depressed

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The housing market in Croatia remains depressed. House prices are falling. Construction activity is declining.

In Zagreb, the capital, the average asking price of flats was down by 0.3% in January 2012 from the previous month, and down by 4.8% from a year earlier, at €1,738 per square metre (sq. m.), according to CentarNekretnina, the largest Croatian property portal.

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