The Price Differences of Housing in Regional Conditions in Slovakia. The Evidence from the Spatial Data.

The research paper's main objective was to evaluate factors and disparities in the housing real estate market in regional conditions in Slovakia. For this purpose, a multiple linear regression (ANCOVA) model was employed. The results showed a statistically significant relation to factors affecting real estate housing. Economically, the most favorable housing locations are in cities and urbanized areas; in turn, the worst is in the countryside and periphery. The most expensive are city apartments, followed by the chalets and detached houses in the countryside. Higher housing supply in location makes the overall market more attractive, thus increasing the prices. Increasing distance from the local CBD and missing motorway in the region (LAU2 level) decreases the prices. The housing prices are heavily skewed towards Bratislava and the western part of Slovakia (except the Kosice metropolis), maintaining a significant regional gap between Central and East Slovakia. Overall results reflect differences in regional income and living standards in Slovakia.