Montenegro ranks 1st in the ranking of countries with the fastest growing housing prices

Montenegro ranks 1st in the ranking of countries with the fastest growing housing prices

Montenegro topped the rating of the countries with the fastest growing housing prices, composed Global Property Guide.

According to the results of the 3rd quarter of 2021, the price has increased in Montenegro Real Estate by 32,4% percent over the same period in 2020. Sweden (+ 18 percent for the year), Australia - 16%, the Netherlands - 15,3%, Puerto Rico - 14,6% were also among the countries with rapidly increasing housing prices adjusted for inflation.

The largest declines in house prices compared to the same period last year are the Philippines (-16,75%), Cambodia (-11,2%), Morocco (-7,45%), Peru (-5,58%) and San -Paulo, Brazil (-5,51%), again adjusted for inflation.

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