Finance says 2020 real estate market depending on economy


The paper notes that studies by British estate agency Knight Frank showed a year ago that property prices in Slovenia grew at the fastest rate in the world in 2018.

Last year, the situation was mostly stabilised, most notably in the capital, which is the most liquid market. The prices of used flats in Ljubljana were stagnating in 2019, except for a 4% increase in the third quarter of the year compared to 2018.

Still price growth is slower in the capital than in the rest of the country, with more flats being sold in the third quarter over the same period in 2018.

According to Banka Slovenije, the central bank, the prices will remain growing, albeit at a slower pace, with the supply and demand imbalance persisting as well.

Finance says in Real Estate: What Will Happen to the Prices? that they will most likely keep rising as long as the economy keeps booming.

Apart from the economic situation, what will affect the property market will also be recent lending curbs imposed by the central bank as well as the expected state mortgage guarantee scheme.