The 200,000 empty apartments in our neighborhood are 1 major reason for the lack of buyers.

The development of real estate in Croatia is slowing down, also because owners of second-hand apartments have unrealistically high expectations and the state housing policy (although there are 200,000 empty apartments in the country) is still incomplete due to a lack of data from the census, according to the Real Estate Forum at the Chamber of Commerce and Industry.

The president of the Real Estate Association, Dubravko Ranilovic, says there are changes in trends.

- A slowdown means a decrease in the number of transactions. For comparison, in the first half of this year compared to the same period a year ago, the decrease in turnover is nine percent - said Ranilovic, adding that the decline is not the same in all zupanija. He also''emphasized that real estate prices continue to rise, but at a slower rate than before. Ranilovic believes that one should pay attention to realized rather than demanded prices, and the difference between the two is 15 percent on average. Ranilovic also believes that the increase in interest rates in EU countries has also affected the Croatian market, saying that the market is polarized, but buyer interest in new buildings is still high. He also said that foreigners' interest in buying real estate in Croatia has decreased.

Josip Zaher, advisor to the president of the Chamber of Commerce and Industry on trade, said there has been a lot of construction in Croatia in the last two to three years - both infrastructure and residential projects.

In addition, in''At the end of last year, due to the impact of replacing the kuna with the euro, there was a surplus of kuna, with which many people tried to invest in real estate.

The chairman of the Structural Group of Real Estate Intermediaries at the Zagreb Chamber of Commerce and Industry, Lana Mihaljaci Knežević, believes that inflation has impoverished citizens, but also that owners of used properties have raised their expectations a lot in the last few years.

For foreigners who purchase