Prague development market in September and October 2017

18.12.2017

The first two months of the autumn supply brought the greatest number of apartments since October 2016. With 1,256 new apartments placed on the market, the number of available apartments on the market saw an increase for the fourth month in a row. Their number increased from 3,996 apartments as of 1 July 2017 to 4,731 apartments as of 1 November 2017. The number was up by 735 available apartments in the past four months, which is an increase of more than 18%. Following a decrease, the number of non-residential units in residential projects increased during the same period from 113 units to 119 units and the supply of detached houses decreased from 315 houses to 298 houses.

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