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House price increases in Czech Republic third-highest in the world

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House prices in the Czech Republic rose the third fastest year-on-year out of 56 countries worldwide, according to a survey by consultancy Knight Frank. In the 12 months from the second quarter of 2018 to Q2 2019, Czech house prices rose 9.4%. China was in first place for the first time at 10.9%, followed by Malta at 10.8%. Europe took up half of the top 10 countries in the Global House Price Index Q2 2019.

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