Wednesday, 24 October 2018
Business | Real Estate | Brno Daily

According to the latest data from Eurostat, the Czech Republic has the 7th fastest-growing house prices in the EU. The Czech Republic was ranked 1st in Europe last year in this respect. Slovenia, Ireland, and Portugal are the top three of the list, followed by Hungary, Netherlands, and Latvia.

Business | Real Estate | Prague Daily Monitor

Hospodářské noviny reports that property prices in cities in certain regions of the country are beginning to stabilise and seem to have reached their ceiling, after years of record growth.

Business | Real Estate | Prague Daily Monitor

A study published by consulting firm Deloitte confirms what most locals in Prague fear as true. An average inhabitant of the Czech Republic would have to save for 11.3 years to buy an average apartment in the country.

Business | Real Estate | Reuters

Czech mortgage loan demand has jumped by up to 30 percent for many lenders in recent months due to a last-minute dash by borrowers before tougher income requirements take effect on Oct. 1, part of central bank efforts to cool a hot housing market.

Business | Real Estate | Prague Daily Monitor

83% of Czechs believe that property values in the country are far higher than they should be, and that recent and upcoming regulation from the Czech National Bank, aimed at tightening mortgage lending, will not have much effect on the market.

Business | Real Estate | Radio Prague

Czech economic research institute CETA published a study focused on the residential housing market in Prague on Friday, which claims that bureaucratic hurdles, coupled with high demand, are primarily responsible for the current low availability of housing in the capital. It also claims that Airbnb flats, which have been the centre of focus for many councillors, are not to blame.

Prague | Real Estate | Prague TV

Prague City Hall wants to change the law that regulates the operation of the accommodation through the Airbnb application. Accommodation providers, for example, would be obliged to give the city information on the residents, and Prague also wants to introduce the possibility to regulate Airbnb through decrees.

Business | Real Estate | The Slovak Spectator

The current state of the Slovak and Czech residential real estate market - what are the risks?