National Bank: Property Prices To Keep Falling

The latest figures from the National Bank of Slovakia (NBS) project that the ongoing decline in real estate prices will continue also through next year.

J&T Tower 115 (c) Wizzzard

Price levels at present have basically dropped to the level of 2007, with a drop of around EUR 50/m2 over last year, bringing current average prices to EUR 1,248.

There are massive regional differences in prices, though, with Trencin posting an average price of just EUR 690/m2, while the mean price in Bratislava is around EUR 1,700.

 

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