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.

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.

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.

Slovak Republic - Real Residential Property Prices for Slovakia was 126.61840 Index 2010=100 in January of 2025, according to the United States Federal Reserve. Historically, Slovak Republic - Real Residential Property Prices for Slovakia reached a record high of 135.34330 in October of 2021 and a record low of 82.15980 in January of 2006. 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 October of 2025.

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.

Slovak Republic - Real Residential Property Prices for Slovakia was 8.96370 % per Annum in January of 2025, 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 September of 2025.

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

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.

Slovak Republic - Residential Property Prices for Slovakia was 13.19910 % per Annum in January of 2025, 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 October of 2025.

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

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 ** 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.

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

The total value of property claims paid on the insurance market in Slovakia has fluctuated from 2004 to 2020. In 2020, the insurance providers operating in Slovakia paid out 89 million euros in insurance claims on property. The peak value was reached at 117 euros in 2010.

This statistic shows the revenue of the industry “buying and selling of own real estate“ in Slovakia from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of buying and selling of own real estate in Slovakia will amount to approximately ***** million U.S. Dollars by 2025.

Slovak Republic - Residential Property Prices for Slovakia was 202.34940 Index 2010=100 in January of 2025, according to the United States Federal Reserve. Historically, Slovak Republic - Residential Property Prices for Slovakia reached a record high of 202.34940 in January of 2025 and a record low of 73.91230 in January of 2006. 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 September of 2025.

Slovakia Foreign Direct Investment: ow Real Estate Activities data was reported at 4,285,697.500 EUR th in 2021. This records a decrease from the previous number of 4,612,390.891 EUR th for 2020. Slovakia Foreign Direct Investment: ow Real Estate Activities data is updated yearly, averaging 3,021,351.000 EUR th from Dec 2009 (Median) to 2021, with 13 observations. The data reached an all-time high of 4,716,648.081 EUR th in 2019 and a record low of 2,084,044.000 EUR th in 2010. Slovakia Foreign Direct Investment: ow Real Estate Activities data remains active status in CEIC and is reported by National Bank of Slovakia. The data is categorized under Global Database’s Slovakia – Table SK.O002: BPM6: Foreign Direct Investment: by Industry.

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

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