Czech Republic rated second in the world for property price growth Q1 2009 at 9.9%

Czech Point 101 July 22, 2014 @ 2:48PM

We haven’t looked yet at where Knight Frank have gotten their statistics for this report but it definitely shows that the Czech property market has remained healthy. 


“Israel is the surprise top performer in the world property market in the first quarter of 2009 with real estate rising 10.9% followed by the Czech Republic at 9.9%, according to a new report.


But the global housing markets continue to struggle against a backcloth of economic stagnation or decline and rising unemployment, says the Global House Price Index from Knight Frank.


The worst performers in the first three months of the year were Latvia where property prices fell 36% followed by Dubai, down 32% and Singapore where the market declined 23%. Next worst were the US, down 16.9% and the UK, down 16.5%”


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