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.
