Thriving Serbian housing market

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Serbia’s house prices rose 6.4% over the six months to December 2010. The average price of new dwellings stood at RSD144,294 (USD1,913) per square meter, up 12% from a year earlier, according to the Statistical Office of the Republic of Serbia.

Belgrade has the country’s most expensive housing, at RSD191,650 (USD 2,538) per sq. m. in the first half of 2011, followed by Novi Sad, where the average price of new dwellings  is RSD 109,375 (USD 1,449) per sq. m.  Cuprija has the cheapest housing, at RSD 59,196 (USD 785) per sq. m.

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