In 2014, housing prices in Serbia will slightly decline or remain the same, according to ee24.com citing tanjug.rs.
In 2013, the demand for real estate in Serbia decreased compared with 2012, which has led to a drop in prices by 5%.
In Belgrade, one-bedroom flats and studio apartments in old buildings were the most popular. According to the Statistical Office of Serbia, in the first half of 2013, the average cost of new apartments in Belgrade amounted to €1,420 per sq.m, and the average area of sold apartments amounted to 58 sq.m. Luxury apartments in Belgrade are offered for € 2000-2200 per sq.m.
Belgrade market remains the most active in Serbia, followed by Obrenovac, Novi Sad and Kragujevac.