Nominal growth of residential property prices in the local currency reached 10.9% in 2017 in Montenegro, according to the National Statistical Office. This is 590% more than in the previous year.
Historically, nominal growth of residential property prices in the local currency in Montenegro reached an all time high of 21.7% in 2014 and an all time low of -16.6% in 2013.
Montenegro has been ranked 9th within the group of 71 countries we follow in terms of nominal growth of residential property prices in the local currency.
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