The average price for new flats in Prague increased in the first quarter of 2018 by 22.8 percent year-on-year to 88.552 crowns per square meter, according to the data by developer companies Trigema, Skanska reality and Central Group released at a press conference on Wednesday.
The number of sold apartments dropped by 11 percent in the first quarter to 1,200 compared to the same period last year. As of 2015, the prices of flats in the Czech capital have increased by three fifths.
Czech PM at centre of new scandal over his son’s shocking revelations
PM's son claims he was forcibly detained in Crimea by his father’s associates
Czech folk artist’s award from Vladimir Putin sparks controversy
Camera traps shed new light on wildcat presence in Czech Republic
Czech PM at security conference: We need to speak more about Schengen, less about the euro