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Slovak housing prices up in Q1

May 5th, 2020

The average price of housing in the first quarter of 2020 increased by 4.6 percent compared to the previous weaker quarter, representing the highest quarter-on-quarter (q-o-q) growth since 2008, Slovak central bank analysts said on Tuesday. An increased rate of growth year-on-year (y-o-y) was also observed, namely from 6.4 percent y-o-y to 8.6 percent. The average prices of both flats and houses recorded more rapid growth. According to the central bank, the developing crisis has not yet manifested itself in real estate prices.


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