Housing Index in Croatia increased to 223.65 points in the second quarter of 2025 from 214.18 points in the first quarter of 2025. This dataset provides - Croatia Housing Index- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Residential Property Prices for Croatia (QHRN628BIS) from Q1 1997 to Q2 2025 about Croatia, residential, HPI, housing, price index, indexes, and price.

Key information about House Prices Growth

• Croatia house prices grew 15.9% YoY in Jun 2025, following an increase of 14.8% YoY in the previous half a year.
• YoY growth data is updated half a yearly, available from Jun 1996 to Jun 2025, with an average growth rate of -2.5%.
• House price data reached an all-time high of 25.8% in Dec 2007 and a record low of -12.6% in Jun 2010.

CEIC calculates Houses Price Growth from semiannual Average Price of New Dwellings per Square Meter. Croatian Bureau of Statistics provides Average Price of New Dwellings per Square Meter in EUR. Houses Price Growth prior to H1 2023 is calculated from Average Price of New Dwellings per Square Meter in local currency.

View quarterly updates and historical trends for Croatia House Price Index. Source: Federal Reserve Bank of Dallas. Track economic data with YCharts analy…

Residential Property Prices in Croatia increased 13.30 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Croatia Residential Property Prices.

Croatia Residential Real Estate Market is expected to grow during 2025-2031

House Price Index YoY in Croatia increased to 13.20 percent in the second quarter of 2025 from 13.10 percent in the first quarter of 2025. This dataset includes a chart with historical data for Croatia House Price Index YoY.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

Croatia - Housing cost overburden rate: Tenant, rent at market price was 29.20% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Croatia - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on November of 2025. Historically, Croatia - Housing cost overburden rate: Tenant, rent at market price reached a record high of 51.80% in December of 2010 and a record low of 19.50% in December of 2021.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Croatia (CP0410HRM086NEST) from Jan 1998 to Oct 2025 about Croatia, rent, harmonized, CPI, housing, price index, indexes, and price.

Graph and download economic data for Harmonized Index of Consumer Prices: Services Related to Housing for Croatia (SERVHOHRM086NEST) from Jan 1998 to Sep 2025 about Croatia, harmonized, CPI, services, housing, price index, indexes, and price.

Croatia House Price Index: Real: sa data was reported at 141.815 2015=100 in 2023. This records an increase from the previous number of 137.614 2015=100 for 2022. Croatia House Price Index: Real: sa data is updated yearly, averaging 117.917 2015=100 from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 141.815 2015=100 in 2023 and a record low of 100.000 2015=100 in 2015. Croatia House Price Index: Real: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Croatia – Table HR.OECD.AHPI: House Price Index: Seasonally Adjusted: Non OECD Member: Annual. Nominal house prices deflated using the private consumption deflator from the national account statistics. More information on the nominal house prices are available on the nominal house price indicators selection.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

In 2024, the average apartment rent in Croatia ranged between ** and ** euros per square meter. The county with the highest rents was Split-Dalmatia, where renting an apartment cost on average ** euros per square meter. In Croatia, less than ** percent of households lived in rented housing. Nevertheless, the rental market has been growing in recent years, with rent prices rising faster than the average in the euro area.

The total value of property claims paid on the insurance market in Croatia has fluctuated from 2008 to 2020. In 2020, the total value of property claims paid out by the insurance providers in Croatia amounted to approximately 130 million euros, which was also the highest value recorded. The lowest value of property claims paid on the insurance market in Croatia was in 2015, at 78 million euros.

Graph and download economic data for Harmonized Index of Consumer Prices: Tools and Equipment for House and Garden for Croatia (CP0550HRM086NEST) from Jan 1998 to Sep 2025 about tool, Croatia, garden, harmonized, equipment, CPI, housing, price index, indexes, and price.

In the first quarter of 2025, Portugal, Croatia, and the Netherlands had the highest house price to rent ratio index in Europe. The three countries ranked the highest, with house price to rent indices exceeding *** index points. The house price to rent ratio is an indicator of the affordability of owning housing over renting across European countries, with 2015 used as a base year. The higher the ratio, the more the gap between house prices and rental rates has widened since 2015 when the index amounted to 100. In terms of house price to income ratio, the top three countries were Portugal, the Netherlands, and Switzerland. Homeownership in Europe Homeownership varies widely across European countries. In some, such as Austria, Germany, and Switzerland, homeownership is relatively low, with less than ********** of people occupying a dwelling owned by a member of the household. In other countries (Iceland, the Netherlands, Norway, and Sweden), more than **** of people were owner-occupiers with a mortgage. A third group of countries with a high homeownership rate without a housing loan includes many Eastern and South European countries, among which were Serbia, Romania, North Macedonia, Italy, and Bulgaria. Dwellings as a non-financial asset Dwellings, along with structures, land, and intellectual property, are classified as non-financial assets and form an important part of household wealth. Through sale, refinancing, or renting, they can serve as an additional source of income. In 2022, France, Germany, and Norway were the European countries with the highest value of dwellings per capita as a non-financial asset with values between ****** and ****** euros per capita.

View monthly updates and historical trends for Croatia Inflation Rate: Housing and Utilities. Source: Eurostat. Track economic data with YCharts analytics.

Revenue is forecast to contract at a compound annual rate of 2% over the five years through 2025 to €44.7 billion. This is mostly the result of COVID-19 restrictions dampening downstream demand in 2020. While 2021 saw some recovery, poor economic conditions since 2022 have stifled any significant recovery, continuing to weigh on the industry’s revenue performance. In 2025, revenue is slated to dip by 1.1% owing to the cooling housing market, despite significant investment in civil engineering projects across Europe. Despite public funding and support for new residential properties, a weaker housing market has limited stone and aggregates demand from property developers. This is primarily the result of persistently high interest rates, inhibiting borrowing and investing. Another key factor is the decline in cement and concrete manufacturing (two key downstream markets) in Europe since 2021, according to CEMBUREAU, owing to construction companies moving towards lower embedded CO2 construction materials. Still, revenue has been propped up by growing demand from non-construction markets, like glass manufacturers, fertiliser manufacturers and other industrial and building-environment solutions applications (like sand and gravel being used to prevent coastline erosion) Over the five years through 2030, revenue is forecast to grow at a compound annual rate of 2.5%, to €50.7 billion. Economic conditions are likely to remain fairly weak in the short to medium term as inflation remains above the universal 2% target. The elevated rate of inflation will ensure central banks delay any reductions in the base rate, keeping the cost of borrowing high for would-be home buyers. Weaker demand for houses will contribute to weak price performance and disincentivise developers from increasing production, weighing on activity levels in the construction sector. However, pockets of opportunity will remain in alternative uses of stone, clay, gravel and sand.

Croatia - Severe housing deprivation rate: Tenant, rent at market price was 2.50% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Croatia - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on December of 2025. Historically, Croatia - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 28.90% in December of 2011 and a record low of 2.50% in December of 2023.