real estate sector

Construction and Real Estate Sector Performance in Serbia for 2025

The construction and real estate sectors in Serbia experienced significant downturns in 2025. Following a period of growth, both sectors faced sharp contractions due to rising financing costs, a slowdown in public investment, and a reassessment of risk by private developers. The financial repercussions were evident throughout the industry. Data indicates that the value of construction works fell by approximately 8.4% in real terms, driven by decreased infrastructure spending and a slowdown in residential development. This decline led to reduced…