STATISTICS

Statistics; Construction activities decreasing

According to basic indices, in August 2011, as compared to August 2010, construction works decreased by 8.9%. In 2010, legal entities employing 5 or more persons engaged in construction activities had on the average 14.3% less workers on sites and 16.4% less working hours done on sites than in 2009.


Average Asking Prices of Real Estate Offered for November 2011 (average priceEUR/m² - price rangeEUR/m²)


ZAGREB
Housing
Apartments 1.846 (549 - 6.667)
Houses 1.718 (404 - 14.667)
Commercial space
Offices 1.783 (796 - 3.333)
Business premises 2.304 (722 - 8.663)
Office blocks 1.265 (593 - 4.867)


COAST
Housing
Apartments 1.947 (608 - 6.364)
Houses 1.714 (195 - 18.269)
Commercial space 1.669 (482 - 5.368)
Tourist facilities 2.622 (1.396 - 2.257)

Average is calculated on the basis of the currently quoted prices on the Burza nekretnina d.o.o.
(Real Estate Stock Market ltd.), which is available online: www.burza-nekretnina.com

 

Statistical Reports of the Central Bureau of Statistics from the Area of Construction

According to basic indices, in August 2011, as compared to August 2010, construction works decreased by
8.9%. According to working-day adjusted indices, in August 2011, as compared to August 2010, construction works decreased by
11.2%. According to seasonally adjusted indices, in August 2011, as compared to July 2011, construction works decreased by 0.7%.

 

Building permits issued, September 2011


In September 2011, there were 838 building permits issued, which was by 8.4% less than in September 2010. The total number of building permits

issued in the period from January to September 2011 was by 4.5% lower than in the same period of 2010. In September 2011:

- by types of constructions, 83.2% out of the total number of permits were issued on buildings and 16.8% on civil engineering works
- by types of construction works, 80.3% of permits were issued on new constructions and 19.7% on reconstructions.

According to permits issued in September 2011, it was expected for 1 641 dwellings with the average floor area of 77.4 m2 to be built.

 

 

Prices of new dwellings sold, first half-year of 2011


In the first half-year of 2011, the average price per 1m2 of new dwellings sold by trade companies and other legal entities, excluding POS1), was 12.163 kuna. It was by 2.8% higher than the price per 1m2 in the second half-year of 2010 and by 3.7% higher than the price per 1m2 in the whole 2010. That increase was mostly caused by the increase in the prices in other settlements, that is, in the coastal area of the Republic of Croatia. The average price per 1m2 of dwellings sold according to POS amounted in the first half-year of 2011 to 6.264 kuna. In the same period, the total average price per 1m2 of all sold dwellings (irrespective of the seller) was 12.081 kuna. In the first half-year of 2011, the calculation of the average price per 1m2 of dwellings sold according to POS participated with 1.4% in the total volume of monitored m2 sold and other sellers with 98.6%.

 

Construction works, 2010, Annual Report on Construction Works in the Republic of Croatia, Legal Entities Employing 5 or More Persons


In 2010, legal entities employing 5 or more persons engaged in construction activities had on the average 14.3% less workers on sites and 16.4% less working hours done on sites than in 2009. In 2010, the value of construction works done by workers on sites decreased by 26.8%, as compared to 2009. By types of constructions, 52.2% out of the total works were done on buildings and 47.8% on civil engineering works. By types of works, 63.1% out of the total works were done on new constructions and 36.9% on reconstructions, adaptations, repairs and maintenance works.

Source: Croatian Real Estate Newsletter / CREN , Publisher: Filipović Business Advisory Ltd.


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