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Czech Republic Residential Market Report 2010

The publication summarises key data and new trends in the Czech market over the past 15 months (Q1 2009 – Q1 2010), including detailed analysis on the Prague residential market.

The report contains the following key findings:
  • In 2009 prices of new apartments (national average) decreased by 7.1%, while prices of old apartments in the Czech Republic decreased on average by 9.4%
  • For the whole of 2010 we expect average prices of apartments to stagnate with potential for small price growth at the end of 2010
  • In 2009 the number of dwellings that commenced construction declined by 14% in comparison to 2008. This trend is to continue throughout 2010 and there will be only a very limited number of new projects delivered to the market
  • The volume of granted mortgage loans decreased in 2009 by 35%.
For a full copy of the report, please contact:

Ondřej Novotný
Research Analyst
T: +420 234 703 335
F. +420 234 703 334
E: ondrej.novotny@kingsturge.com