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Belgrade property prices tumbling in region

Posted on 30 October 2008

From B92: The price of new flats in Podgorica has been cut by half. Only Belgrade is holding firm: prices have leveled out, and are likely to fall by 5-10 percent in the coming year. Nonetheless, the global financial crisis has checked skyrocketing property prices in the capital.

However, there will be no dramatic drop in real estate prices, as was the case in the U.S. and parts of Europe, and what reductions there are will be in five to ten percent increments on a yearly basis. …. Full Article: Source


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