You've probably heard the news that the real estate market is gradually cooling. There are many reasons. That's why we will show you the main ones here

1. Tripling of interest rates and further expected increases, making mortgages very expensive.
2. The extreme rise in house prices over the last two years, at around 20% a year.
3. the skyrocketing price of building materials (polystyrene and insulation materials have risen by 300%, wood by 200%, iron by 150%).
4. Labour shortages.
5. More than 100% increase in energy prices.

Due to these factors, the number of offers advertised on real estate servers for a longer period of time is increasing. Specifically in Prague there are 1500 more actively offered properties than at the beginning of the year.

These facts put emphasis on setting the right offer price so that your property does not become a lager on real estate servers. We don't expect any rapid price reductions as apartments are one of the best value preservers and investments.