Demand for real estate expected to rise further
Economists predict that in 2025, the demand for real estate in Czechia will increase, which will lead to further price rises. The reason for the higher demand will be the growth of the economy and the gradual though slight reduction in mortgage rates. Similarly to this year, older flats should also become more expensive by one percent due to lower housing construction and therefore lower supply on the market. The price of rents should rise in a similar manner.