Croatia Real Estate News
Croatia
Worldwide Ultra Luxury Home Sales Dip in Q3
According to new research by Knight Frank, global super-prime ($10m+) residential sales fell 2.4% in Q3 2023 on a year-on-year basis, with 362 sales across the 12 markets covered in the three months to September compared to 371 in the same period last year.
European Ski Chalet Prices Continue to Rise Despite Global Economic Uncertainty
According to Knight Frank's newly released 2024 Ski Property Report, the price of a European ski chalet increased by 4.4% on average in the 12 months to June 2023. Except for the pandemic years, it represents the strongest rate of growth since 2014.
Global Home Price Growth Further Slows in Mid-2023
Based on Knight Frank's latest Global House Price Index, average annual price growth slowed across a cohort of world cities in Q2 2023, falling to 1.7% from 3.2% in Q1 of 2023.
European Construction Slows as Demand Plummets in 2023
According to ING, high interest rates and soaring building costs have drastically reduced the demand for new buildings in Europe.
