Flat prices continue falling in Q2 :: Up 55.7% since 2005

Czech Point 101 December 1, 2014 @ 1:13PM

From Prague Daily Monitor:

The prices of flats have continued falling for the second consecutive quarter of this year by an average of 5.5% according to the Czech Statistical Office. Flat prices are still on average 55.7% higher than in 2005. A study published by the University of Economics claims regulated rent also influences flat prices as it forces people to buy rather than rent because there are fewer rentals on the market. [ most Czech press ]


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