Information from the Czech Statistical Office (in Czech: Český statistický úřad or ČSÚ) showed that the list prices fell through 2011.
In the graph below the blue ‘ČR -nabídkové ceny’ line shows the listed prices and the yellow ‘ČR -realizované ceny’ shows the actual sale prices.
According to this information the actual sale price decline started in Q3 2008 which puts us, most likely, in the 4th year of price declines (if the actual sale data for 2011 will also show a price decline).
What are your thoughts? Do you think the decline will continue in Czech property through 2012?
Updated/Aktualizováno: July 22, 2014,