Property values in the Czech Republic have registered this year (2017) the highest rise in values in the European Union

In the second Quarter of the year 2017, the apartment prices in the Czech Republic have risen by 13.3% - the highest rise in the countries of the European Union, where prices have risen by no more than 3.8% (in the Euro block) and by 4.4% (In all states that are members of the European Union).

Eurostat published these numbers on Wednesday. According to them, Ireland is second (a rise of 10.6%) and Lithuania is third (a rise of 10.2%). The company spokesperson has stated that the accelerating growth in the apartment prices in the Czech Republic is related to the policy of the Czech Republic’s Central Bank, and to a low availability in the apartment market in the Czech Republic.

The number of apartments sold in the Czech Republic in 2015 was considerably higher than the demand prior to the world financial crisis in 2008, according to local Czech experts in the field of real estate. Furthermore, since the end of 2012, the rate of sales has risen considerably.

Before you is the full list of the real estate price rises in the countries of the European Union: 

• The Czech Republic - 13.3% 

  • Ireland - 10.6% 

  • Lithuania - 10.2% 

  • Latvia - 9.6% 

  • Bulgaria - 8.6% 

  • Sweden - 8.6% 

  • Slovenia - 8.3% 

  • Portugal - 8.0% 

  • Hungary - 7.7% 

  • The Netherlands - 7.3% 

  • Romania - 7.2% 

  • Slovakia - 6.6% 

  • Luxembourg - 6.2% 

  • Denmark - 5.8% 

  • Spain - 5.6% 

  • Malta - 5.5% 

  • The United kingdom - 5.0% 

  • Austria - 4.9% 

  • Estonia - 4.8% 

  • Poland - 4.6% 

  • Croatia - 4.3% 

  • Germany - 3.7% 

  • Cyprus - 3.6% 

  • Belgium - 3.5% 

  • France - 3.5% 

  • Finland - 1.5% 

  • Italy - 0.2%

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