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Sales of new dwellings in Bosnia's Federation down 10% y/y in Q1

May 20, 2024, 6:20:01 PMArticle by Annie Tsoneva
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May 20 (SeeNews) - The number of new dwellings sold in Bosnia's Federation fell 10% year-on-year to 216 in the first quarter of this year, the entity's statistical office said on Monday.

Sales of new dwellings in Bosnia's Federation down 10% y/y in Q1
Sarajevo. Photo by the tourism association of canton Sarajevo.

The average sale price per square metre of new dwellings increased by 6.4% on the year to 2,647 marka ($1,470/1,353 euro) in the period from January to March, the statistical office said in a quarterly report.

The usable floor area of the new dwellings fell by 6.7% in comparison with the same period of 2023.

The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The Serb Republic is the other one.

(1 euro = 1.95583 marka)

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