Residential housing price indices, Slovenia, 3rd quarter 2019

Prices of newly built dwellings on average 2.0% higher

In the 3^rd quarter of 2019 the prices of newly built dwellings (new flats and family houses together) increased on average by 2.0% over the previous quarter.

Compared to the previous quarter, in the 3^rd quarter of 2019 the prices of newly built flats went down by 3.3% (after they went up by 9.0% in the 1^st quarter and by 0.3% in the 2^nd quarter of 2019) and the prices of newly built family houses up by 12.7%.

Prices of existing dwellings on average 3.1% higher

At the level of Slovenia, in the 3^rd quarter of 2019 the prices of existing dwellings (existing flats and family houses together) increased on average by 3.1% over the previous quarter. The prices of existing flats went up by 1.6% and of existing family houses by 6.0%.

In comparison with the previous quarter, the prices of existing flats in Ljubljana went up by 2.3%. Compared to the average prices in 2015, the prices of existing flats in Ljubljana were 39.7% higher.

The prices of existing flats outside Ljubljana increased by 1.2% over the previous quarter. This was the fifteenth consecutive quarter of price increase of existing flats outside Ljubljana, so that the average prices in 2015 were exceeded by 34.4%.

In the 3^rd quarter of 2019 dwelling prices on average 8.5% higher than in the same quarter of the previous year

In the 3^rd quarter of 2019, dwelling prices were on average 8.5% higher at the annual level. The prices of existing flats outside Ljubljana increased the most (by 10.8%), followed by the prices of existing family houses (by 10.1%).

House sales

In the 3^rd quarter of 2019 the total value of housing transactions for all types of dwellings in Slovenia was EUR 320 million. This is EUR 10 million less than in the previous quarter, when the total value of housing transactions was EUR 330 million.

The number of transactions of existing dwellings was slightly lower than in the 2^nd quarter of 2019, but still high. In the 3^rd quarter of 2019, 3,299 existing dwellings were sold; their value of housing transactions was EUR 310 million.

In the 3^rd quarter of 2019, 2,077 existing flats were sold; their value of housing transactions was EUR 187 million. In the 3^rd quarter of 2019 trading with existing family houses remained high. This time 1,222 existing family houses were sold; the value of housing transactions with existing family houses was EUR 122 million.

On the other hand, in the 3^rd quarter of 2019 the number of transactions of newly built dwellings was low, only 70, but more than in the 2^nd quarter of 2019 (60 sales). The value of housing transactions with newly built dwellings was EUR 10 million.