Set of indices used for the assessment of real estate prices
The National Bank of Slovakia published a set of indices used for the assessment of real estate prices, a so called dashboard.
Real estate market is followed as this market is very important in case of Slovakia, both from the perspective of macroeconomy and financial stability. The list of indices includes composite indices, housing affordability indices and macroeconomic models estimating fundamental prices or studying the impact of different shocks on real estate prices. A methodological note in the form of NBS occasional paper is published together with the list of indices, including the methodology, a short economic interpretation and data used for the indices. The list of indices is regularly revised and thus can be adjusted in the future.