Real estate prices rose 40% since 2007
Slovak housing real estate prices were 40% higher in the final quarter of 2019 compared to 2007, the 8th-highest growth pace in the EU, according to Eurostat data. The average growth in the EU was 18.7%. In 4Q19 the Slovak annual growth pace, 10.9%, was the 2nd-highest in the union. The Slovak prices have ample space to decline.