STA, 12 July 2021 - The number of housing transactions in Slovenia dropped by 17.5% last year, the second sharpest fall among the 13 EU member countries for which data are available, Eurostat data show.
Data released by the EU's statistics office on Monday show Cyprus seeing the biggest drop in the number of transactions, at 23.3%, followed by Slovenia, Belgium, at 17.4%, and Ireland, at 16.4%.
Only three countries recorded an increase in the number of housing transactions: Finland (+7.7%), the Netherlands (+10.0%) and Denmark (+20.1%).
Eurostat notes the drop in the number of transactions can be linked to lockdown measures, in particular in the second quarter of 2020, which included a temporary suspension of real estate activity.
It also notes that the fall in housing transactions came despite a continued increase in house prices and after nearly all the countries that saw a drop reported an increase in the number of transactions the year before.