Residential Property Prices for Slovakia
QSKN628BIS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
202.35
Year-over-Year Change
18.02%
Date Range
1/1/2006 - 1/1/2025
Summary
The Residential Property Prices for Slovakia series tracks changes in the prices of residential real estate in Slovakia over time. This metric is closely watched by economists and policymakers to assess the health of the country's housing market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Residential Property Prices for Slovakia series measures the price levels of residential properties in Slovakia, including houses and apartments. This data is used to analyze trends in the housing market, which is an important indicator of overall economic conditions.
Methodology
The data is collected and calculated by the Bank for International Settlements (BIS).
Historical Context
Policymakers and market analysts use this series to monitor the Slovak housing market and make informed decisions.
Key Facts
- Slovakia's residential property prices have increased by over 40% since 2015.
- The Residential Property Prices series dates back to 1995.
- Housing costs are a major component of the Slovak consumer price index.
FAQs
Q: What does this economic trend measure?
A: The Residential Property Prices for Slovakia series tracks the price levels of residential real estate, including both houses and apartments, in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to assess the health of Slovakia's housing market, which is an important indicator of overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Bank for International Settlements (BIS).
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to monitor the Slovak housing market and make informed decisions.
Q: Are there update delays or limitations?
A: The Residential Property Prices for Slovakia series is updated regularly, but there may be some delays in the availability of the most recent data.
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Citation
U.S. Federal Reserve, Residential Property Prices for Slovakia (QSKN628BIS), retrieved from FRED.