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Friday, November 22, 2024

No major drop in property prices expected yet

By: J.S., STA

Judging by the available statistical data, Slovenia’s housing market is not showing signs of cooling just yet although real estate agents say prices have stopped going up mid-year.

Still, pundits do not think any major drop in prices is likely over the next six months. After a record surge last year, prices of residential properties rose by a further 4.1% in this year’s first quarter on the quarter before, going up by as much as 19.6% year-on-year, the latest data from the Statistics Office shows.

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