RRE Dashboard
The dashboard includes a set of indices used by the National Bank of Slovakia to follow and assess the development on the residential real estate market. This market is very important in case of Slovakia, both from the perspective of macroeconomy and financial stability. Home ownership is very high and housing loans form a large part of the banks’ assets. The list 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.
Composite index
The composite index remains virtually unchanged in the 3rd quarter. The growth of asking prices if faster than inflow of new mortgages, which indicates overvaluation. On the other hand, significant increase of rents and weakened residential construction point towards undervaluation. The risks appear to be balanced.

2024Q3
Regional housing affordability index
The housing affordability is decreasing, mainly due to the growth of house prices. Regions with fastest price growth – Prešov, Žilina and Bratislava – are experiencing deterioration of affordability. In the remaining regions the conditions slightly improved.

2024Q3
Last updated on 22 Jan 2025