By Marek Eckhaus

When I was buying in Bratislava during 2006 and 2007, there was a clearly a huge demand from locals and prices were rising significantly.

The increase in the last quarter of 2007 was especially impressive.

What we see in 2008 is however a general slowdown of price increases, which means that prices of some developments (good developments in good locations) continue to grow, while developments with some faults (either worse location or worse architecture, layouts, etc) are experiencing difficulties in sales and developers are forced to give additional bonuses to buyers, like parking places, just to sell the units at the original prices.

This seems like the predicted differentiation between good and not so good developments, which always takes place as markets mature, and this is the case in Bratislava in 2008.