Apartment prices up 4% in the first half
The value of the Real Estate Barometer, which monitors housing prices in regional capitals and is published by Realitná únia, increased by 0.8% month-on-month in June. At the end of June, the average apartment price was €2,734 per sqm, up 4% from January. The prices were higher in almost all regional capitals for both 2- and 3-room newer and older apartments. RÚ expects further moderate price growth in the second half of the year, prices may rise by 8-9% for the whole year. Mortgage rates will not fall and market recovery will be relatively weak.
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