August Review | Czech Real Estate | Nick from ISG скачать в хорошем качестве

August Review | Czech Real Estate | Nick from ISG

August 2024 Real Estate Review | ISG Welcome back to ISG, where we discuss all things real estate in the Czech Republic. In this August 2024 review, we dive into the latest property and rental trends. In Prague, property prices rose 1.8%, marking a continued recovery from June’s dip. The overall market in Czechia saw a more modest 0.5% increase, with notable growth of 3.8% in Ústí nad Labem. On the rental side, rents in Prague also climbed 1.8%, with a smaller increase of 0.3% across the country. It’s unusual to see both property prices and rents rise simultaneously, highlighting the ongoing pressure on the housing market. Mortgage rates are holding steady at 5.38%, with some banks now offering rates below 5%. We’ll have to wait for further changes from the Czech National Bank to see how this will impact the market. Watch the full video for a deeper dive into the trends shaping the Czech real estate market and what we can expect moving forward. Don’t forget to like, comment, and subscribe! #ISG #August2024Review #CzechRealEstate #PraguePropertyMarket #Investment