From bad to worse: materials shortage hits flat prices

Prices for flats in Prague jumped 13.5% in Q1 2021 compared to Q1 2020 to reach an average of CZK 100,000. That sounds horrendous but things were worse in Ostrava where the price per square meter rose by 31% -- the proviso there is that the average price now stands at CZK 34,400 per sqm. From a blended-badness point of view, Brno perhaps suffered the worst: prices rose 22.3% to CZK 80,000 per sqm. Those who waited until Q1 2021 to buy in České Budějovice will find their patience a costly virtue . . .

------------------------------------------------------------------------------

 

Subscriber content

 

Archival content is available to subscribers only. If you have a membership subscription and are are experiencing issues logging in, please try the login below:

 

If you're interested in reading further, why not gain full access to the archives by subscribing? 

Order your subscription here and we'll send you an invoice.

Annual memberships (€100/yr) can also be paid for by credit card, or you can pay month-to-month by clicking here. 

 

 

 

 

Support ThePrime. Get access to the entire archive. Only €8/month!

You May Also Like…