Iztok Toplak: Residential prices are falling

Published: 04. 11. 2022

Czech residential prices never fall, goes the saying. At least not in Prague.

Not so fast, says Iztok Toplak. He argues that’s exactly what’s happening in the last quarter of 2022: overall by 7% (q-o-q) in Prague and by 9% outside the capital.

To be clear, he’s talking about the prices at which reservation contracts were signed at the agency RE/MAX G8, the agency he works at. As he freely admits, those deals haven’t been recorded in the land registry yet, so there’s some small percentage that won’t turn out to . . .



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