The Residential Real Estate Market in the Slovak Republic

Abstract

The residential real estate market represents the entire complex of economic and social relations at the macroeconomic and microeconomic levels. This publication aims to evaluate developments in the field of financing and the development of the residential real estate market in Slovakia, with a special focus on the determinants affecting the demand, supply, and prices of residential real estate in Slovakia and Bratislava. Owner-occupied housing is the dominant type of housing and has a significant impact on the development of housing issues. Research into the issue of multiple ownership of real estate provides answers to questions about the growth of real estate prices in the conditions of Bratislava. The influence of financial indicators, especially interest rates, the availability of housing loans, and the regulation of the banking sector explain the essential connections in the area of the development of residential real estate prices and factors of their development. The analysis points to the need for the development of rental housing in Slovakia.

Citation

Horvátová, E. (2024), "The Residential Real Estate Market in the Slovak Republic", Augustín, M., Jančovič, P. and Sergi, B.S. (Ed.) Modeling Economic Growth in Contemporary Slovakia (Entrepreneurship and Global Economic Growth), Emerald Publishing Limited, Leeds, pp. 101-120. https://doi.org/10.1108/978-1-83549-454-720241008