Apartments’ buying prices slightly up after four-year decline

The buying prices of apartments rose by 0.5 percent year-on-year in the second quarter of last year, for the first time in four years, the Czech Statistics Office said on Wednesday. The increase was driven by apartment sales in Prague where their purchasing prices rose by 3 percent while prices in other Czech regions stagnated, the statistics office’s chief analyst, Drahomíra Dubská, told a news conference. Apartments’ asking prices also increased in the second half of last year, according to Ms Dubská.

Author: Jan Richter