Bosnia and Herzegovina REAL ESTATE MORTGAGE L
The market of the real estate of Bosnia and Herzegovina of disgraces
After a two-year rise in prices for habitation and expansion of the market of the real estate of Bosnia and Herzegovina deterioration of economic conditions in the country and in the world has made negative impact on the local market.

Total number of transactions on real estate purchase and sale only for the last quarter 2008 has decreased on 50 % concerning previous year, and the prices in various areas of the country have fallen within 20-40 %, informs portal BalkanInsight.com. Besides, in the nearest some months the market experiencing difficulties because of huge volumes of the offer and practically of a total absence of demand, will face commissioning of several large housing projects that can aggravate only a negative situation on him.

During last half a year the prices in country capital, Sarajevo, have decreased on 20 %, in such cities, as Tusla, Mostar and Banja of the Onion, - on all of 40 %. On suburbs Sarajevos it is already possible to find apartments at the price of 600 euros for sq. m.

Local financiers believe that the recession bottom is not reached yet, and many potential buyers wait for spring when the prices can fall off even more.