** As Nenad Đorđević, the chairman of the Real Estate Association Cluster, notes, according to the data from the Republican Geodetic Institute on real estate movement in Serbia for the first quarter of2023, real estate prices, especially in major cities, have significantly increased compared to the first quarter of2022. "Blitz Biznis" recommends - prices for apartments in old buildings in Belgrade have risen by20 percent, while prices for apartments in new buildings have risen by14 percent in the first quarter of2023 compared to prices in the first quarter of2022 (annual price growth).
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In Novi Sad, Niš, and Kragujevac, apartment prices have been rising faster than in Belgrade, Đorđević explains.
