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Prices of old apartments in Bratislava are 9% lower annually

Prices of old apartments in Bratislava fell by 3% to €3,484 per sqm in the second quarter compared to the first one. Under an annual comparison, prices were 9% lower, Bencont data show. Average rents rose 12% annually to €15.10 per sqm/month, also due to rising mortgage and energy costs. The average price of new apartments is thus 45% higher than the price of old ones.

Falling house prices and strong nominal wage growth are boosting housing affordability, despite a rise in mortgage rates. Bencont expects a return to price growth after a fall in inflation and interest rates.


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Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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