Housing Index in Slovakia increased to 194.60 points in the first quarter of 2025 from 190.58 points in the fourth quarter of 2024. This dataset provides - Slovakia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about House Prices Growth

• Slovakia house prices grew 6.7% YoY in Dec 2024, following an increase of 3.4% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2006 to Dec 2024, with an average growth rate of 5.0%.
• House price data reached an all-time high of 34.5% in Mar 2008 and a record low of -14.2% in Sep 2009.

CEIC calculates House Prices Growth from quarterly Residential Property Price per Square Meter. The National Bank of Slovakia provides Residential Property Price per Square Meter in EUR. House Prices Growth Prior to Q1 2022 is calculated from House Price data with a narrower collection scope.

Graph and download economic data for Residential Property Prices for Slovakia (QSKN368BIS) from Q1 2007 to Q1 2025 about Slovakia, residential, housing, and price.

Residential Property Prices in Slovakia increased 13.20 percent in March of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Slovakia Residential Property Prices.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Slovakia - Housing cost overburden rate: Tenant, rent at market price was 29.10% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Slovakia - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on August of 2025. Historically, Slovakia - Housing cost overburden rate: Tenant, rent at market price reached a record high of 33.40% in December of 2021 and a record low of 8.40% in December of 2015.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

Slovakia: Housing and utilities price index, world average = 100: The latest value from 2021 is 118.04 index points, an increase from 103.223 index points in 2017. In comparison, the world average is 77.639 index points, based on data from 165 countries. Historically, the average for Slovakia from 2017 to 2021 is 110.632 index points. The minimum value, 103.223 index points, was reached in 2017 while the maximum of 118.04 index points was recorded in 2021.

Slovakia - Selected residential property prices, Nominal, Year-on-year changes, in per cent

The average transaction price of new housing in Europe was the highest in Norway, whereas existing homes were the most expensive in Austria. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, not all countries are included. To compile the ranking, the source weighed the transaction prices of residential properties in the most important cities in each country based on data from their national offices. For example, in Germany, the cities included were Munich, Hamburg, Frankfurt, and Berlin. House prices have been soaring, with Sweden topping the ranking Considering the RHPI of houses in Europe (the price index in real terms, which measures price changes of single-family properties adjusted for the impact of inflation), however, the picture changes. Sweden, Luxembourg and Norway top this ranking, meaning residential property prices have surged the most in these countries. Real values were calculated using the so-called Personal Consumption Expenditure Deflator (PCE), This PCE uses both consumer prices as well as consumer expenditures, like medical and health care expenses paid by employers. It is meant to show how expensive housing is compared to the way of living in a country. Home ownership highest in Eastern Europe The home ownership rate in Europe varied from country to country. In 2020, roughly half of all homes in Germany were owner-occupied whereas home ownership was at nearly ** percent in Romania or around ** percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up ** percent and ** percent of their respective populations.For more information on the topic of property in Europe, visit the following pages as a starting point for your research: real estate investments in Europe and residential real estate in Europe.

Real residential property prices Y-on-Y, percent change in Slovakia, March, 2025 The most recent value is 8.96 percent as of Q1 2025, an increase compared to the previous value of 4.77 percent. Historically, the average for Slovakia from Q1 2007 to Q1 2025 is 2.39 percent. The minimum of -19.64 percent was recorded in Q2 2009, while the maximum of 30.81 percent was reached in Q4 2007. | TheGlobalEconomy.com

Slovakia - Severe housing deprivation rate: Tenant, rent at market price was 5.80% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Slovakia - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on August of 2025. Historically, Slovakia - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 12.30% in December of 2012 and a record low of 5.80% in December of 2023.

Slovak Republic - Harmonized Index of Consumer Prices: Actual Rentals for Housing for Slovakia was 125.52000 Index 2015=100 in June of 2025, according to the United States Federal Reserve. Historically, Slovak Republic - Harmonized Index of Consumer Prices: Actual Rentals for Housing for Slovakia reached a record high of 126.97000 in April of 2025 and a record low of 25.32000 in January of 1996. Trading Economics provides the current actual value, an historical data chart and related indicators for Slovak Republic - Harmonized Index of Consumer Prices: Actual Rentals for Housing for Slovakia - last updated from the United States Federal Reserve on August of 2025.

Comprehensive dataset of 163 Real estate appraisers in Slovakia as of August, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Slovak Republic - Real Residential Property Prices for Slovakia was 4.77180 % per Annum in October of 2024, according to the United States Federal Reserve. Historically, Slovak Republic - Real Residential Property Prices for Slovakia reached a record high of 30.81090 in October of 2007 and a record low of -19.64450 in April of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Slovak Republic - Real Residential Property Prices for Slovakia - last updated from the United States Federal Reserve on July of 2025.

Slovak Republic - Residential Property Prices for Slovakia was 7.97140 % per Annum in October of 2024, according to the United States Federal Reserve. Historically, Slovak Republic - Residential Property Prices for Slovakia reached a record high of 35.10380 in October of 2007 and a record low of -18.10780 in April of 2009. Trading Economics provides the current actual value, an historical data chart and related indicators for Slovak Republic - Residential Property Prices for Slovakia - last updated from the United States Federal Reserve on July of 2025.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

Slovakia SK: House Price Index: Nominal: sa data was reported at 175.086 2015=100 in 2023. This records a decrease from the previous number of 175.411 2015=100 for 2022. Slovakia SK: House Price Index: Nominal: sa data is updated yearly, averaging 100.817 2015=100 from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 175.411 2015=100 in 2022 and a record low of 65.097 2015=100 in 2005. Slovakia SK: House Price Index: Nominal: sa data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Slovakia – Table SK.OECD.AHPI: House Price Index: Seasonally Adjusted: OECD Member: Annual. Whole country; Seasonnally adjusted by OECD, using the X-12 ARIMA method; Residential property prices, sales of newly-built and existing dwellings, all types of dwellings The source for recent figures (from 2006Q1) is same as the OECD Residential Property Price Indices (RPPIs) - Headline indicators database. For the period 2005Q1-2005Q4, the used indicator is 'Residential property prices, all owner-occupied houses, existing dwelling' from Statistical Office of the Slovak Republic. Sales

Slovakia - Selected residential property prices, Real, Index, 2010 = 100

Since the COVID-19 pandemic, weak economic conditions have deterred new investment into the construction sector as businesses have sought to preserve cash amid an inflationary economic environment, leading to the postponement and even cancellation of large construction projects. This has restricted the number of opportunities in the new building construction market. However, consumers have increased spending on repair, maintenance and renovation activities, supporting other revenue opportunities for building completion and finishing contractors, supporting an uptick in revenue. Revenue is forecast to grow at a compound annual rate of 3.1% over the five years through 2024 to reach €328 billion. Significant inflationary pressures have led to retaliatory hikes to the central banks’ base interest rate, increasing the cost of borrowing. This has limited the number of new construction projects and also caused the housing market to cool as would-be home buyers are priced out of mortgages. In turn, property developers have reduced output, and consumers have managed spending budgets with greater care, increasing the threat from DIY. As such, revenue is forecast to sink by a further 2.3% in 2024 to €328 billion. Over the five years through 2029, revenue is projected to climb at a compound annual rate of 4% to reach €399.3 billion, supported by recovering economic conditions and renewed investment into the construction sector. As sentiment levels return to growth and the inflation rate eases, businesses and consumers will be more likely to undertake larger projects, supporting demand for building completion and finishing services.