Housing Index in Slovakia increased to 198.85 points in the second quarter of 2025 from 194.60 points in the first quarter of 2025. This dataset provides - Slovakia House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Real Residential Property Prices for Slovakia (QSKR368BIS) from Q1 2007 to Q1 2025 about Slovakia, residential, housing, real, and price.

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.

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 October 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.

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.

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.

In the presented European countries, the homeownership rate extended from 42.6 percent in Switzerland to as much as 95.9 percent in Albania. Countries with more mature rental markets, such as France, Germany, the UK, and Switzerland, tended to have a lower homeownership rate compared to the frontier countries, such as Lithuania or Slovakia. The share of house owners among the population of all 20 euro area countries stood at 64.5 percent in 2024. Average cost of housing Countries with lower homeownership rates tend to have higher house prices. In 2024, the average transaction price for a house was notably higher in Western and Northern Europe than in Eastern and Southern Europe. In Austria, one of the most expensive European countries to buy a new dwelling in, the average price was three times higher than in Greece. Looking at house price growth, however, the most expensive markets recorded slower house price growth compared to the mid-priced markets. Housing supply With population numbers rising across Europe, the need for affordable housing continues. In 2024, European countries completed between one and six housing units per 1,000 citizens, with Ireland, Poland, and Denmark responsible for heading the ranking. One of the major challenges for supplying the market with more affordable homes is the rising construction costs. In 2021 and 2022, housing construction costs escalated dramatically due to soaring inflation, which has had a significant effect on new supply.

The average bid price of new housing in Europe was the highest in Luxembourg, at 8,760 euros per square meter. Since there is no central body that collects and tracks transaction activity or house prices across the whole continent or the European Union, only bid prices were considered. 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 97 percent in Romania or around 90 percent in Slovakia and Lithuania. These numbers were considerably higher than in France or Italy, where homeowners made up 65 percent and 72 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.

View quarterly updates and historical trends for Slovakia House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Slovakia (CP0410SKM086NEST) from Jan 1996 to Sep 2025 about Slovakia, rent, harmonized, CPI, housing, price index, indexes, and price.

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 October 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.

Slovakia SK: House Price Index: Real: sa data was reported at 128.322 2015=100 in 2023. This records a decrease from the previous number of 141.786 2015=100 for 2022. Slovakia SK: House Price Index: Real: sa data is updated yearly, averaging 110.407 2015=100 from Dec 2005 (Median) to 2023, with 19 observations. The data reached an all-time high of 141.786 2015=100 in 2022 and a record low of 80.098 2015=100 in 2005. Slovakia SK: House Price Index: Real: 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. Nominal house prices deflated using the private consumption deflator from the national account statistics. More information on the nominal house prices are available on the nominal house price indicators selection.

The total number of dwellings per one thousand citizens in European countries in 2024 was the highest in Bulgaria and the lowest in Greece. There were approximately 672 dwellings for every one thousand citizens in Bulgaria and in Greece, this figure amounted to 289. France had the largest total housing stock of 38.1 million dwellings in the same year, of which there were 556 per one thousand citizens. How prevalent is homeownership across European nations? Homeownership rates in Europe vary widely due to cultural, economic, and policy factors. Usually, countries in Southern and Eastern Europe tend to have higher rates of homeownership compared to those in Northern and Western Europe. For instance, in 2022, the homeownership rates in countries like Serbia, Romania, and Slovakia were quite high, topping 90 percent. On the contrary, nations such as Germany, Switzerland, and Austria exhibited lower rates, below 60 percent. New dwelling transaction prices across Europe The transaction price of a new dwelling includes the cost of the property itself, along with any additional expenses like taxes, fees, or other associated costs pertaining to the acquisition. In 2023, the average transaction price for a new dwelling in Europe was the highest in Austria, Germany, and France. Romania, Greece and Bosnia and Herzegovina had the lowest average transaction prices compared to other European countries.

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.

Graph and download economic data for Harmonized Index of Consumer Prices: Services Related to Housing for Slovakia (SERVHOSKM086NEST) from Jan 1996 to Sep 2025 about Slovakia, harmonized, CPI, services, housing, price index, indexes, and price.

Slovak Republic - Harmonized Index of Consumer Prices: Actual Rentals for Housing for Slovakia was 127.50000 Index 2015=100 in September 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 127.71000 in July 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 October of 2025.

Slovak Republic - Harmonized Index of Consumer Prices: Services Related to Housing for Slovakia was 156.21000 Index 2015=100 in September of 2025, according to the United States Federal Reserve. Historically, Slovak Republic - Harmonized Index of Consumer Prices: Services Related to Housing for Slovakia reached a record high of 156.21000 in September of 2025 and a record low of 25.62000 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: Services Related to Housing for Slovakia - last updated from the United States Federal Reserve on October of 2025.

Slovakia - Harmonised index of consumer prices (HICP): Actual rentals for housing was 127.20 points in August of 2025, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Slovakia - Harmonised index of consumer prices (HICP): Actual rentals for housing - last updated from the EUROSTAT on September of 2025. Historically, Slovakia - Harmonised index of consumer prices (HICP): Actual rentals for housing reached a record high of 127.71 points in July of 2025 and a record low of 25.32 points in January of 1996.