Prices of dwellings in new residential buildings

Legal basis
Legal basis for conducting this statistical survey is Law on Official Statistics and Official Statistical System of Montenegro (Official Gazette of Montenegro 18/12 from 30 March 2012).

METHODOLOGICAL BASIS

Purpose basis
The aim of the quarterly survey of dwellings in new residential buildings is collection of information about the level and dynamics of dwelling price. The contract price is used in order to observe the current price level of residential construction as well as insight into the level of investment in residential construction.

The observation unit is a contracted price of usable area of sold dwelling in new residential building in the residential, mainly residential and non-residential building. The exceptions are the dwellings which are constructed for own use.

Sources and coverage
Survey on construction covers companies classified (according to activity classification KD) in construction activities (Sector F) whose main activity is not construction.
Observation unit is the price agreed of useful floor area of sold dwellings per 1m² of new buildings, only residential, mainly residential and mainly non-residential buildings.

Obligation to protect individual data
Individual data on the natural or legal persons are confidential and constitutes an official secret in accordance with Article 56 of the Law on Official Statistics and Official Statistical System of Montenegro (Official Gazette of Montenegro 18/12).

For more details on published data, methodology, and releases please see the sections below.
 

Quarterly data Annual data

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