Residential housing price indices, Slovenia, 2nd quarter 2020
Dwelling prices in the 2nd quarter of 2020 on average 1.9% higher than in the 1st quarter of 2020
In the 2nd quarter of 2020 dwelling prices were on average 1.9% higher. The number of transactions was much lower. We are publishing revised data on residential real estate for 2017–2019, as we subsequently received data from GURS on a larger number of sales of newly built dwellings.
Prices of newly built dwellings on average 7.1% higher
In the 2nd quarter of 2020 the prices of newly built dwellings (new flats and family houses together) increased on average by 7.1% over the previous quarter.
Compared to the previous quarter, in the 2nd quarter of 2020 the prices of newly built flats went up by 7.5% (after they went down by 0.3% in the 1st quarter). The prices of newly built family houses went up by 2.6%.
Prices of existing dwellings on average 1.4% higher
At the level of Slovenia, in the 2nd quarter of 2020 the prices of existing dwellings (existing flats and family houses together) increased on average by 1.4% over the previous quarter. The prices of existing flats went up by 1.6% and of existing family houses by 1.0%.
In the 2nd quarter of 2020 dwelling prices on average 5.2% higher than in the same quarter of the previous year
In the 2nd quarter of 2020, dwelling prices were on average 5.2% higher at the annual level. The prices of newly built family houses increased the most (by 23.6%), followed by the prices of existing flats outside Ljubljana (by 7.8%). On the other hand, the prices of existing flats in Maribor decreased the most (by 1.2%).
House sales in the 2nd quarter of 2020
In the 2st quarter of 2020 the total value of housing transactions for all types of dwellings in Slovenia was EUR 229 million. This is EUR 59 million less than in the previous quarter, when the total value of housing transactions was EUR 288 million. This is also the lowest total value of housing transactions after the 1st quarter of 2015, when it was EUR 207 million. House sales data are also lower due to the COVID-19 epidemic, which practically stopped concluding deals on the Slovenian real estate market for some time.
The number of transactions of existing dwellings was significantly lower than in the 1st quarter of 2020. In the 2nd quarter of 2020, 2,161 existing dwellings were sold; their value of housing transactions was EUR 220 million. This is EUR 101 million less than in the same period of the previous year.
On the other hand, in the 2nd quarter of 2020 the number of transactions of newly built dwellings was low, only 55, which is less than in the 1st quarter of 2020 (76 sales). The value of housing transactions with newly built dwellings was EUR 10 million. This is EUR 4 million less than in the previous quarter.
We are publishing revised data on residential real estate from 2017 to 2019
The Surveying and Mapping Authority of the Republic of Slovenia (GURS) subsequently obtained data on a larger number of sales of new residential real estate for previous years, so we carried out an unplanned revision of the house price indices, owner occupied housing price indices and house sales data from 2017 onwards. Revised detailed data are published in the SiStat Database.
The prices of newly built dwellings (new flats and family houses together) have risen in the last three years. In 2017 the prices of newly built dwellings were on average 11.6% higher (before the revision 12.2%). In 2018 the prices of newly built dwellings went down by 1.2% (before the revision by 0.4%). Price growth was again recorded in 2019, when prices increased by 3.8% (before the revision by 8.0%).
At the level of Slovenia, in 2017 the dwelling prices increased on average by 9.9% (before the revision by 10.0%). Residential real estate prices also went up in 2018 by 8.3% (before the revision by 9.1%) and in 2019 by 4.8% (before the revision by 5.2%).
In the period from 2017 to 2019 in the Osrednjeslovenska statistical region 42.5% of all newly built flats were sold, of which more than 36% in the urban municipality Ljubljana. In the Obalno-kraška statistical region 16.2% of all newly built flats were sold, of which more than 10% in the urban municipality Koper.
In the 2nd quarter of 2020 the prices of newly built dwellings (new flats and family houses together) increased on average by 7.1% over the previous quarter.
Compared to the previous quarter, in the 2nd quarter of 2020 the prices of newly built flats went up by 7.5% (after they went down by 0.3% in the 1st quarter). The prices of newly built family houses went up by 2.6%.
Prices of existing dwellings on average 1.4% higher
At the level of Slovenia, in the 2nd quarter of 2020 the prices of existing dwellings (existing flats and family houses together) increased on average by 1.4% over the previous quarter. The prices of existing flats went up by 1.6% and of existing family houses by 1.0%.
In the 2nd quarter of 2020 dwelling prices on average 5.2% higher than in the same quarter of the previous year
In the 2nd quarter of 2020, dwelling prices were on average 5.2% higher at the annual level. The prices of newly built family houses increased the most (by 23.6%), followed by the prices of existing flats outside Ljubljana (by 7.8%). On the other hand, the prices of existing flats in Maribor decreased the most (by 1.2%).
House sales in the 2nd quarter of 2020
In the 2st quarter of 2020 the total value of housing transactions for all types of dwellings in Slovenia was EUR 229 million. This is EUR 59 million less than in the previous quarter, when the total value of housing transactions was EUR 288 million. This is also the lowest total value of housing transactions after the 1st quarter of 2015, when it was EUR 207 million. House sales data are also lower due to the COVID-19 epidemic, which practically stopped concluding deals on the Slovenian real estate market for some time.
The number of transactions of existing dwellings was significantly lower than in the 1st quarter of 2020. In the 2nd quarter of 2020, 2,161 existing dwellings were sold; their value of housing transactions was EUR 220 million. This is EUR 101 million less than in the same period of the previous year.
On the other hand, in the 2nd quarter of 2020 the number of transactions of newly built dwellings was low, only 55, which is less than in the 1st quarter of 2020 (76 sales). The value of housing transactions with newly built dwellings was EUR 10 million. This is EUR 4 million less than in the previous quarter.
We are publishing revised data on residential real estate from 2017 to 2019
The Surveying and Mapping Authority of the Republic of Slovenia (GURS) subsequently obtained data on a larger number of sales of new residential real estate for previous years, so we carried out an unplanned revision of the house price indices, owner occupied housing price indices and house sales data from 2017 onwards. Revised detailed data are published in the SiStat Database.
The prices of newly built dwellings (new flats and family houses together) have risen in the last three years. In 2017 the prices of newly built dwellings were on average 11.6% higher (before the revision 12.2%). In 2018 the prices of newly built dwellings went down by 1.2% (before the revision by 0.4%). Price growth was again recorded in 2019, when prices increased by 3.8% (before the revision by 8.0%).
At the level of Slovenia, in 2017 the dwelling prices increased on average by 9.9% (before the revision by 10.0%). Residential real estate prices also went up in 2018 by 8.3% (before the revision by 9.1%) and in 2019 by 4.8% (before the revision by 5.2%).
In the period from 2017 to 2019 in the Osrednjeslovenska statistical region 42.5% of all newly built flats were sold, of which more than 36% in the urban municipality Ljubljana. In the Obalno-kraška statistical region 16.2% of all newly built flats were sold, of which more than 10% in the urban municipality Koper.
Yearly indices of dwelling prices, Slovenia
Source: SURS
House price indices by type of dwellings, Slovenia
Source: SURS |
Number of transactions of residential real estate, Slovenia
Source: SURS | ||||||||||||||||||||||||||||||||||||||||||||||||||
Value of housing transactions (EUR million ), Slovenia
Source: SURS | ||||||||||||||||||||||||||||||||||||||||||||||||||
When making use of the data and information of the Statistical Office of the Republic of Slovenia, always add: "Source: SURS". More: Copyright.
.jpg)
