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House price increases were third highest in the world in the Czech Republic!

According to an inquiry by Knight Frank, house prices in the Czech Republic rose the third fastest year on year out of 56 countries worldwide.

Czech house prices increased 9.4 percent in 12 months from the second quarter of 2018 to the second quarter of 2019. China was first at 10.9 percent, followed by Malta at 10.8 percent for the first time. Luxembourg, Mexico, Hungary and Chile have all increased by more than 9 percent year-on-year. The world average was 3.4%.

Europe has taken half   qatar sales

The Global House Price Index Q2 2019 is among the top 10 countries.

The index saw a

Annual growth slowdown for six consecutive quarters. For the Czech people

Growth in the first quarter of 2019 was 3.6%, while in the Republic

It was 1.7 percent in the second quarter. Worldwide peak average growth was in

When it exceeded 6 percent, the second quarter of 2017.

Commercial wars, Brexit, political protests, are the reasons for the growth slowdown

And economic forecasts are weakening. These affect negatively

Buyer's feeling, despite a last quarter interest rate cuts.

"China's at 10.9 percent

Growth is the lowest performer of the index since Q1.

2009. 2009.

The leads of China

Slovenia and Latvia, the frontrunners of the last quarter, are slowing down

Faster rate. Faster rate.

Perhaps it is. Perhaps Perhaps

Against this background, the highest percentage of

Either flat or positive, countries and territories (93%) register

Price growth annually since 2009," stated the index, adding

More locations are recording annual price increases, but

Its average growth rate is slowing.

 

Demand has been pushed through

Expanding economies, rising wages, and increased credit access."

In

Europe, slower growth, but some interesting trends

Outstanding; Austria (7.3%) is now above Germany (5.0%), Portugal (7.3%)

Rankings have risen (7.8 percent) and Central and Eastern Europe

Countries remain strong – the Czech Republic (9.4 percent ),

The index indicated Hungary (9.2%) and Bulgaria (7.3%).

 

Uncertainty Brexit

It caused the United Kingdom to slip from 36th to 48th a year ago.

remains a highly located market, including some cities

Birmingham, Plymouth and Cardiff exceed the average and

Proof of pent-up demand development at the market's prime end,"

The index indicated.

 

Just four markets

Recorded an annual price decline, and two of them

Europe: Finland and Italy. Italy was also the only member of the G7 to see

Drop, while only France was not to witness a slowdown.

 

Morocco and Morocco

Australia was the other countries to register a drop, but Australia is

Expected this situation to reverse." "

Two interest rate reductions

New lending stimulus this year and prices are falling, we

Expect Australia to rise in the second half of 2019," "

Index said. Index said.

As a region, Latin America was the strongest region in the world in the first half of 2019, all with annual price increase exceeding 7 percent in Mexico, Chile, and Colombia.

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