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Housing Affordability in Serbia

Serbia | July 14, 2014
$2.99
Excel Sheet

Since the fourth quarter of 2009, housing affordability has started to deteriorate again in Serbia. While some 10 annual salaries were needed to buy a dwelling at the end of September 2009, the ratio increased to 12.3x at the end of 2012, according to the data provided by the National Bank of Serbia.