Housing construction in Slovakia continues to decline in second quarter of 2025

Housing construction in Slovakia recorded further declines in the second quarter of 2025, with both completed and newly started dwellings falling below recent averages. According to data from the Statistical Office of the Slovak Republic, only 3,717 dwellings were completed in the quarter, representing the lowest figure for a second quarter since 2017. This was 14.8 percent fewer than a year earlier and 9 percent below the long-term average for the period.

The slowdown was most pronounced in Bratislavský kraj, where just 434 dwellings were completed, the lowest number for the region in 22 years and nearly 60 percent below the long-term average. As a result, the capital region lost its position as the leading area for completed dwellings, a role it has traditionally held. Declines were also recorded in Košický kraj, where completions fell by 22 percent. By contrast, completions increased in three regions, with Nitriansky kraj showing the strongest growth at 41 percent.

The number of newly started dwellings was also at a multi-year low. In the second quarter, 4,043 dwellings began construction, down 12.5 percent year-on-year and almost 23 percent below the long-term average. Family houses accounted for 60 percent of these starts. Regional disparities remained evident, with Bratislavský kraj reporting nearly 900 new dwellings started, while other regions ranged between 220 and 570. Declines of more than 40 percent were recorded in Trnavský, Žilinský, and Košický kraj compared with the previous year.

At the end of June 2025, more than 77,000 dwellings were under construction across Slovakia. This represented a 2.8 percent decline compared with a year earlier, though still 1.7 percent above the long-term average.

For the first half of 2025, a total of 6,836 dwellings were completed nationwide, down more than 19 percent year-on-year and 17 percent below the long-term average. During the same period, construction began on 7,241 dwellings, a year-on-year decrease of 14.5 percent and nearly 25 percent less than the long-term trend.