Slovenia: Housing slump continues, amidst deepening recession and political uncertainty
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Slovenia’s property market remains in deep trouble, as recession looms and political uncertainty continues. House prices are falling. Transactions are low. Construction activity remains down.
During the year to end-Q4 2012, the nationwide house price index plunged by 8.83% (-11.12% inflation-adjusted), the deepest year-on-year decline since Q3 2009, based on figures from the Statistical Office of the Republic of Slovenia. During the latest quarter, house prices dropped 3.54% (-4.42% inflation-adjusted).
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