Key regions: Japan, China, Australia, Germany, United States
The Residential Real Estate Leases market in Slovenia has been experiencing significant growth in recent years. Customer preferences in the Residential Real Estate Leases market in Slovenia have shifted towards long-term rentals rather than purchasing properties. This is due to several factors, including the high cost of purchasing a home, the desire for flexibility in housing options, and the increasing popularity of urban living. Additionally, younger generations are more likely to prioritize experiences and mobility over homeownership, further driving the demand for rental properties. One of the key trends in the Residential Real Estate Leases market in Slovenia is the increasing demand for rental properties in urban areas. As more people choose to live in cities, the demand for rental properties in these areas has surged. This trend is driven by factors such as job opportunities, access to amenities and services, and the desire for a vibrant social and cultural scene. Landlords are capitalizing on this trend by investing in properties in urban areas and offering attractive rental options to meet the demand. Another trend in the market is the rise of co-living spaces. Co-living spaces are shared living arrangements where tenants have their own private bedrooms but share common areas such as kitchens, living rooms, and bathrooms. This trend is particularly popular among young professionals and students who are looking for affordable and communal living options. Co-living spaces often provide additional amenities such as cleaning services, social events, and flexible lease terms, making them an attractive choice for many renters. Local special circumstances in the Residential Real Estate Leases market in Slovenia include the country's strong rental market regulations. The Slovenian government has implemented strict regulations to protect tenants' rights and ensure fair rental practices. These regulations include rent control measures, security deposit limits, and rules regarding lease termination. These regulations create a stable and secure rental market, attracting both landlords and tenants. Underlying macroeconomic factors also contribute to the development of the Residential Real Estate Leases market in Slovenia. The country's strong economic growth and low unemployment rate have increased the demand for rental properties. Additionally, low interest rates and limited availability of mortgage loans have made it more difficult for individuals to purchase homes, leading to an increase in demand for rental properties. In conclusion, the Residential Real Estate Leases market in Slovenia is experiencing growth due to customer preferences for long-term rentals, the increasing demand for rental properties in urban areas, the rise of co-living spaces, local special circumstances such as strong rental market regulations, and underlying macroeconomic factors such as strong economic growth and limited availability of mortgage loans.
Data coverage:
Figures are based on total and average revenue of residential apartment leases.Modeling approach:
Market size is determined by a bottom-up approach. We use national statistics, international organizations, and industry associations to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country specific industry associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the market, for instance, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.Additional Notes:
Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war considered at a country-specific level.
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Mon - Fri, 9am - 6pm (EST)
