Price of flats in Prague continues to rise
The price of flats in Prague continues to rise. According to data made public by a group of real estate agencies the average price of flats in Prague rose by 24 percent year-on-year, reaching 94,000 crowns per square meter at the end of the second quarter. As compared to the first quarter in 2018 this is a rise of 6.2 percent.
The head of the Trigema agency Marcel Soural said that until supply and demand are more balanced the rise in prices will not abate.