Czechia among countries with fastest property price growth in EU

The Czech Republic is among the countries with the fastest real estate price growth in the EU. According to European statistics, property prices in the Czech Republic rose by 2.4 percent in the last three months of the year. Only Slovakia, Slovenia, Portugal and Bulgaria recorded faster price growth. Meanwhile, experts expect strong demand to continue this year, adding to upward pressure on housing prices. According to a survey conducted by Ipsos for Komerční banka, eight out of ten Czechs consider property ownership an unattainable goal.