The latest Eurostat data shows that in the last quarter of 2022, prices of houses and apartments bought in Croatia rose by 17.3%, the highest in the EU. This trend contrasts with the rest of Europe, which saw a downward trend in the last quarter. Factors contributing to rising prices in Croatia include favorable credit conditions, subsidized government housing loans and increased tourism income. Zagreb leads the way with residential property growth of 22.5%, followed by the Adriatic with an increase of 12.9%.
Although the Croatian property market continues to be stable, there are risks associated with sustained price increases. Measures are recommended to prevent further increases in prices for houses and apartments, including government subsidies for housing loans and measures to prevent the growth of household debt.