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In the 1st quarter of 2020 dwelling prices were on average 1.1% higher than in the 4th quarter of 2019. The number of transactions of existing dwellings was the lowest in the last five years, while the number of transactions of newly built dwellings was still low.
House price indices by type of dwellings, Slovenia
In the SiStat Database we started to publish quarterly price indices of existing flats in the municipality of Maribor and quarterly price indices of existing flats in the rest of Slovenia (without the municipalities of Ljubljana and Maribor) (Table “ House price indices by type of dwellings, Slovenia, quarterly ”). Price indices are published from 2015 onwards and show quarterly price movements of existing flats in the municipality of Maribor and in the rest of Slovenia, from which existing flats of the municipalities of Ljubljana and Maribor are excluded.
In the 1st quarter of 2020 some methodological changes were made. As in the previous years, weights were changed. They are based on the annual value of transactions of individual types of dwellings from the previous year, recalculated to nominal value.
The Surveying and Mapping Authority of the Republic of Slovenia subsequently obtained data on a larger number of sales of new residential real estate for previous years, so we will carry out an unplanned revision of the residential housing price indices from 2017 onwards. The revised data are expected to be published on 23 September 2020.