Rents are rising fast

Apartment rents were 9.4% higher annually in the second quarter, the fastest pace since 2017, data from the central bank NBS show. The number of vacant apartments for rent in regional capitals was 24% lower at the end of September compared to June, while in Bratislava the decrease is 27%. Demand for rental apartments is driven by Ukrainians and more expensive and less accessible mortgages. Further development is difficult to predict, it depends on the way real estate prices go.

(hnonline.sk)