Definition:
The residential real estate market covers the leases and transactions of residential properties. Residential real estate leases refer to the market where landlords and tenants enter into agreements for the rental of residential properties, such as apartments, houses, and condominiums, while residential real can be defined as buying, selling, or transfer of ownership of residential properties.Structure:
The residential real estate market covers real estate transactions and leases, and the section, residential real estate leases, is divided into apartment and house leases.Additional information:
The market contains the following KPIs: real estate value aggregated for all countries and regions, average real estate value, real estate transaction revenue, number of real estate sold, number of leased and owned real estate, average room per resident, and dwelling type shares. The dwelling type shares comprise the share of the population that lives in houses and apartments. These shares are displayed for real estate owners and for real estate renters as well.Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
The Residential Real Estate market in Slovenia has been experiencing steady growth in recent years, driven by a combination of customer preferences, market trends, local special circumstances, and underlying macroeconomic factors. Customer preferences in the Slovenian Residential Real Estate market have been shifting towards more modern and energy-efficient properties. Buyers are increasingly looking for homes that are equipped with the latest technology and sustainable features, such as solar panels and energy-efficient appliances. Additionally, there is a growing demand for properties that offer flexible living spaces, such as open floor plans and multipurpose rooms, to accommodate changing lifestyle needs. Trends in the market indicate a strong demand for residential properties in urban areas, particularly in the capital city of Ljubljana. The city has seen a surge in population growth and economic development, attracting both domestic and international buyers. This has led to a shortage of available housing, driving up prices and creating a competitive market. As a result, developers are focusing on the construction of new residential projects to meet the growing demand. Local special circumstances in Slovenia, such as its attractive natural landscapes and cultural heritage, have also contributed to the growth of the Residential Real Estate market. The country's picturesque countryside and proximity to popular tourist destinations, such as Lake Bled and the Julian Alps, have made it an appealing location for second homes and vacation properties. Additionally, the preservation of historical buildings and the promotion of sustainable architecture have further enhanced the desirability of the real estate market in Slovenia. Underlying macroeconomic factors, such as low interest rates and a stable economy, have played a significant role in the development of the Residential Real Estate market in Slovenia. The country has experienced steady economic growth in recent years, leading to increased consumer confidence and higher disposable incomes. This has fueled demand for residential properties and encouraged investment in the real estate sector. In conclusion, the Residential Real Estate market in Slovenia is experiencing growth due to customer preferences for modern and energy-efficient properties, the trend of urbanization and construction of new residential projects, local special circumstances such as attractive natural landscapes and cultural heritage, and underlying macroeconomic factors including low interest rates and a stable economy. These factors are driving the development of the market and creating opportunities for both buyers and developers in Slovenia.
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Notes: Data was converted from local currencies using average exchange rates of the respective year.
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Most recent update: Jul 2024
Source: Statista Market Insights
Data coverage:
Figures are based on total and average value of residential real estate, residential estate transactions and leases.Modeling approach:
Market size is determined by a combined top-down and 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 are considered at a country-specific level.Notes: Based on data from IMF, World Bank, UN and Eurostat
Most recent update: Sep 2024
Source: Statista Market Insights