Residential property prices in Slovakia increased by more than 12% year-on-year in the first quarter of 2025, according to revised data published by the Statistical Office of the Slovak Republic on 16 June 2025. The revision, based on official data from the Real Estate Cadastre, replaced earlier estimates derived from advertised prices on internet portals. On a quarterly basis, residential property prices rose by 2.1% in Q1 2025. This growth was slightly lower than the preliminary figure published in late May and marked a slower pace than in the final quarter of 2024. The increase was driven primarily by new dwellings, which rose 2.8%, while prices of existing dwellings grew at a slower rate of 2.0%. The updated data also revealed notable regional differences. Quarter-on-quarter price growth was recorded in seven of Slovakia’s eight regions, with only Košice Region showing no increase. The most significant growth was seen in Trnava Region, where prices rose by 4.9%. In most regions, existing dwellings experienced faster price increases than new ones. However, the reverse was observed in Bratislava and Banská Bystrica Regions. Despite the upward trend, no region recorded quarterly price growth above 6% for either type of dwelling. Year-on-year, residential property prices increased by 12.2% across Slovakia, representing the most significant annual growth since the third quarter of 2022. Prices of existing dwellings saw a sharper rise of 12.4%, while new dwellings increased by 11.2%. All eight Slovak regions experienced year-on-year price growth. The smallest increase was in Trnava Region (7.3%), while Nitriansky Region recorded the highest at 18.5%. Double-digit growth was also seen in Prešov, Bratislava, and Žilina Regions. In several regions, existing dwellings outpaced new dwellings in terms of price growth, with Bratislava, Žilina, and Nitra Regions all reporting increases above 15% for existing housing. Price increases for new dwellings exceeded 15% only in Bratislava and Trenčín Regions. In a long-term context, average residential property prices in the first quarter of 2025 were more than double their levels from 2010. Over the 14-year period, prices for new dwellings rose by over 70%, while prices for existing dwellings climbed by 115%.