News

18.05.2018
Prices of dwellings in a new residential buildings I quarter of 2018

The average price of dwellings in a new residential building in Montenegro in I quarter of 2018 was 1 162 EUR decreased by 0.9% compared with the I quarter of 2017, while it is 7.7% increase compared with the IV quarter of 2017. The average price of dwellings in a new residential building in Podgorica in I quarter of 2018 was 1 143 EUR increased by 2.1% compared with the I quarter of 2017, while it is 2.0% increase compared with the IV quarter of 2017.
 
The average price of dwellings in a new residential building in Montenegro in coastal region was 1 355 EUR, in central region 752 EUR, while the average price of dwellings in a new residential building in northern region was 672 EUR.
 
The differences over the years in average prices of dwellings in a new residential buildings significantly depend on the involvement of solidarity housing development dwellings. If the share of these dwellings increased, the average price of dwellings in a new residential buildings will be significantly lower, or if this share decreased, the average price will be higher.
 

In the release is shown the average price per the square meter of dwelling in a new residential building according to the following categories: enterprises (average market price) and solidarity housing development. The average market price of dwellings in a new residential building in Montenegro in category enterprises in I quarter of 2018 was 1 176 EUR, while in category solidarity housing development was 633 EUR. 

Release


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