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Czech real estate market began to recover thanks to the mortgage

Market overview

22.12.2010

Homesoverseas.ru editorial office

125

Lower interest rates on mortgage loans in the Czech Republic to a minimum given the result. Developers are seeing an increase in the number of loans issued, which indicates the revival of the real estate market in the country. In particular, the number of mortgage loans in September rose nearly 25% compared to last year. The prices for new buildings are still at a fairly low level. Many builders who complete or have already completed the construction as soon as possible want to sell the house, so the prices are reduced to a minimum. On this Site http://cznews.info

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