Serbia's Residential Property Market
Abstract
The most active and, according to many, most attractive investment market in Serbia - real estate �������������- ����is still pretty much an unknown. In spite of efforts by distinguished economists to shed some light on important principles and institutional issues, there has been no indepth analysis of this market so far. By analyzing the database of prices and characteristics of around 40,000 housing units in Belgrade, this article will endeavor to arrive at the facts on the conditions and movements in Serbia's real estate market. Unfortunately, the database covers a relatively short period (2005 and the first half of 2006).