Sunday, 7 December 2025
Slovakia’s housing construction in Q3 2025 remained below the long-term norm despite a slight year-on-year increase in project starts, according to preliminary data from the Statistical Office of the SR.
Nearly 4,200 dwellings were completed in the third quarter, broadly matching last year’s level but down 1.5% year-on-year. Completions for Q3 remain the lowest recorded since 2018 and sit about 6% below the long-term average for the period. The figures are preliminary as the office continues transitioning to a new data source.
Family houses continued to dominate overall housing delivery, though total output remained below the historical norm.
Construction starts improved more visibly. Developers began work on 4,270 dwellings in Q3, a one-third increase compared with the same period in 2024. However, the growth largely reflects the exceptionally low base of Q3 2024, one of the weakest quarters for new starts in recent years. Despite the rebound, new construction remains 17% below the long-term average for the third quarter.
At the end of September, more than 77,000 homes were under construction nationwide, a slight year-on-year decline of 1.4%. Overall construction activity is broadly aligned with the long-term trend.
Across the first nine months of 2025, both completions and starts lagged last year’s results. A total of 11,015 dwellings were completed—down 13.5% year-on-year and 13.1% below the long-term average. Developers launched construction of 11,511 dwellings over the same period, a decrease of 1.6% from a year earlier and 22.1% below the long-term norm.
