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.
Recall that as long as housing prices continue to decline in the Czech Republic.