Slovenian real estate market made an important progress in recent decade, after the independence, gained in 1992. The privatization that took part in 90's, contributed to the fact that over 90% of Slovenians live in their own dwellings. Prices of real estate property are already on European Union level. There are still some unsolved issues like real estate property tax implementation and the question of former Italian property in Istria. We tried to investigate, what was happening on the Slovenian real estate market in the last year, on the demand and supply side, after the accession of Slovenia to the European Union. We are also presenting trends, which are dominating the European real estate market and predicting possible future development on this area.