Real estate prices in Montenegrin capital city Podgorica are expected to start falling, the central bank said in a report.
''Podgorica real estate prices are significantly overestimated, when average net wages are taken into account and gross domestic product per capita is compared to, for example, Croatia,'' said the report. Real estate prices are also influenced by the latest market fluctuations and stagnation in the inflow of direct foreign investments according to the central bank's report.