Research
Residential Pulse Q1 2023
Key market findings
May 10, 2023
Contributors:
- Jan Bosacky
- Julia Vinczeova
Residential market in Bratislava has been very active during the last 5 years. In the last 3 years, we see slower supply with demand being relatively strong, despite of the COVID-19 impacts. Short supply has caused steady price increase. The supply decrease is caused by the lack of available plots and extremely long permitting processes. Despite many lockdowns and restrictions caused by COVID-19 the residential market in Bratislava was still very strong. However, rising inflation, current energy crisis combined with rising mortgage interest rates are weakening the market.