Market Report is based on analyzes based on sales and rental transaction data generated by the activities of Svoboda & Williams. In conjunction with the data on the sale of real estate obtained from the Land Register, which by their parameters fit into the Svoboda & Williams portfolio, a comprehensive overview of the current sale and rental prices on the Prague premium residential market is created. The price analysis is complemented, inter alia, by a summary of the demand and supply of real estate in this market segment and commentary from brokers Svoboda & Williams . The Market Report also includes a Focus section , which focuses on a variety of topics related to the Prague real estate market - this time giving space to Nuslím, a neighborhood that is currently undergoing many changes.
In the first half of 2019, Svoboda & Williams experienced the following trends in the premium residential real estate segment:
Sale
rather, demand is stagnating and returns to pre-buying euphoria in 2017 the level of average achieved prices of premium apartments remains more or less at the level of 2018 long-term permitting, insufficient construction capacity and rising prices of construction work are still weakening housing construction almost half of the projects monitored are reconstructions of older apartment buildingsLease
demand is still strong achieved rent of premium apartments slightly increased, by 3.8% year-on-year in Prague, rental income is 2-3%, in Brno and regions it is higher Czech tenants are increasingly heading to higher price segments and slowly catching up with foreigners the number of rental housing projects increased only slightlyA detailed analysis of the sale and rental prices on the Prague market of premium residential properties is an integral part of the Market Report. It is based only on data based on realized, not bid prices. For this purpose, Svoboda & Williams, in cooperation with the Faculty of Informatics and Statistics of the University of Economics in Prague, created the analytical tool Rental Price Index S&W + VŠE .
Svoboda & Williams Market Report | H1 2019 download (pdf)
Source / photo: www.retrend.cz / Svoboda & Williams sro
