Slovakia’s house prices down - again!
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Slovakia’s average residential property prices fell by 1.53% (-1.45% in real terms) y-o-y to Q1 2014, to €1,221 (US$ 1,664) per square metres (sq. m.), according to the National Bank of Slovakia (NBS). This is the third consecutive quarter of price declines, following a slight recovery from Q4 2012 to Q2 2013.
Slovakia’s house prices are now 21% below their peak in Q2 2008 (-29.8 in real terms).
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