rapidly becoming more expensive residential real estate in the Czech Republic - both secondary and primary. The cost of new buildings in the last quarter of 2015 rose by more than 5%, according to the portal Livenews.cz , citing data from the Czech Statistical Office. This is the fastest price growth since 2009.
Commenting on the current situation on the Czech real estate market analyst Frantisek wander says: "Today, developers increase the cost of construction projects by 5%." Even faster growing prices for secondary housing. For example, the national average cost of "secondary housing" has increased by 6.7% at the end of 2015.
The experts agree that housing will go up throughout 2016. Local developers simply do not have time to build a house - the demand is too high.
"Due to low interest rates on mortgage loans, we expect record sales in 2016. Only in Prague can be sold about 8000 new apartments ", - says CEO of the developer Ekospol Ev
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