As of end-2008 employment in the real estate sector stood at 89,531 workers, which accounted for
7.31% of the employed population in the country. The number of companies active in real estate stood at 5,955 in end-March 2009.
In January 2009 Croatia's real estate market recorded a decline of between 70% and 80% year-on-year.
In 2009 demand for homes continues to outstrip supply. Supply and demand for high-grade residential units are expected to continue growing in the next period, as the developing market creates favourable conditions for them and residential rents are likely to stay near their current levels.
The retail real estate market is one of the most dynamic sectors in the country with the strengthening of the economy, citizens’ growing purchasing power and the prospects of Croatia joining the EU.