Czech mortgage market reviving, a fifth of the population plans to buy a new home
People are now paying close attention to monthly mortgage payments, which can eat up to 40 percent of their budget.
The number of mortgages in Czechia rose by 60 percent in March
The mortgage market has shown signs of recovery but is still affected by high interest rates and high housing prices.
Czech apartment prices fall for the first time since 2013
Prices fell in all regions across the country, but the quarter-on-quarter drop in Prague was the lowest.
The Daily Dozen: 12 things to know about Czechia today
Run in the upcoming UniCredit Prague Relay, recycle at Lidl and Kaufland, and more buzzworthy headlines for Feb. 8, 2023.
How to find your dream home in Czechia amid a housing crisis
Despite the unfavorable conditions on the real estate market, the selection of properties is growing – putting potential buyers in a position to bargain.
Prague apartment prices fall to 2021 levels but rents continue to increase
The gap in prices between old and new flats continues to widen, with price increases forecast for later this year.
The Daily Dozen: 12 things to know about Czechia today
Czech children don't exercise enough, snow on the way, and more buzzworthy headlines for Jan. 17, 2023.
Mortgage rates in Czechia now among the highest in the past 20 years
Due to the high rates and other factors, the volume of mortgages granted is significantly lower than last year.
Renting is three times cheaper than a mortgage in Prague
A recent real estate study mapped the differences in rental and mortgage prices across Czechia.
Soaring inflation in Czechia is dashing young people's hopes of homeownership
As inflation increases in Czechia, so do mortgage interest rates, making the real estate market even more inaccessible to young people.
Czech National Bank raises interest rates to highest level since 1999
Plus: State-paid health insurance contributions to drop, PPF selects new boss, and a new poll says most Czechs think good coffee is an important job perk.
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Mortgages are becoming a luxury item in the Czech Republic
Interest rate hikes are pricing people out of getting a mortgage, and more increases are coming.
Czech mortgages and rents set for dizzying increases due to inflation
Inflation is having a dramatic impact on the Czech real estate market, with buyers and renters set to suffer most.
Czech mortgage rates increase dramatically as inflation kicks in
Mortgage rates saw their biggest increase since 2003 as a result of National Bank measures to tackle inflation.
Buyers rush to beat rising mortgage interest rates in Czechia
As inflation causes significant increases in mortgage interest rates, should you buy now to beat further price rises?
Czech daily news roundup: Thursday, January 6, 2022
Man arrested over bomb threat at Prague Castle, mortgage holders can claim emergency energy benefit, Investor Index shows returns for Czech funds in 2021.
Czech daily news roundup: Friday, December 17, 2021
Government change takes place today, cost of mortgages continues to rise, controversy erupts over Czech Radio appointment.
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