Accommodation in the Czech Republic in 2013, will rise in price
According to analysts, the price of real estate in the Czech Republic may grow in 2013 by 2%. This was announced by Tim Morgan, Director of Emerging Real Estate, which specializes in the Czech real estate. "Based on the data on supply and demand, we expect the long-term price changes from 4% in the year to 2% in 2013 and 3% in 2014," - quotes a specialist portal OPP Connect.
"Rapid income growth was reflected in the market. In addition, the Czech Republic continues to pose minimal risk to investment, "- said Tim Morgan, and stressed that the Czech market is supported by the power of the German economy and the close economic ties between the two countries.
Related article: What to expect from residential real estate market in January 2012?Recall that as long as housing prices continue to decline in the Czech Republic.
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