Ljubljana showed a drop in real estate prices in Q1 2019 by 4.9%
GLOBAL CITIES UPDATE
Budapest leads the index this quarter, Chinese cities occupy five of the top ten
rankings and the impact of government intervention is apparent.
The Hungarian capital of Budapest leads the index for the second consecutive quarter with average prices rising 25% over the 12-month period. A robust economy, higher wages and historically low mortgage rates are fuelling demand. The IMF forecast GDP growth of 3.2% in 2019 for Hungary, compared to 1.6% for the wider European Union and interest rates on new residential loans have fallen from 10.5% to around 4.7% over the last six years
3,4% AVERAGE ANNUAL GROWTH ACROSS 150 CITIES
Ljubljana is on the 7th place in the global list of cities for the biggest drop in property prices for the year (1 quarter of 2019 compared to 1 quarter of 2018) with 4.9% while Slovenia is still leading the annual rankings for the second consecutive quarter year-to-year.
Ljubljana showed a drop in real estate prices in Q1 2019 by 4.9%
https://content.knightfrank.com/research/84/documents/en/global-house-price-index-q1-2019-6460.pdf
