Mlada fronta Dnes: sharp increase in property prices

Prices for flats and apartments in the Czech Republic have risen sharply according to Mlada fronta Dnes. The newspaper reports that property prices have increased by more than ten percent in many large Czech towns and cities, with prices for apartments in Prague increasing by as much as one third. Among other things, the daily attributes the price increases to easily available mortgages and foreign property speculators.