scholarly journals Development of Real Estate Market in the Czech Republic

10.14311/1045 ◽  
2008 ◽  
Vol 48 (5) ◽  
Author(s):  
L. Jilemnická ◽  
V. Berka ◽  
E. Hromada
Keyword(s):  
Czech Republic ◽  
Real Estate ◽  
Real Estate Market ◽  
Current Situation ◽  
Market Development ◽  
The Czech Republic ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Real Estates

The article deals with analysis of the current situation on the real estate market in the Czech Republic. Software EVAL, which continually collects, examines and evaluates advertised quotations of real estates, was used for mapping and evaluation of the real estate market development. The article provides professional public with detailed view on the time progress of quotations and tenancy of flat units in dependence on the significant parameters of properties and a locality. 

scholarly journals ПОЛІТИКА ЧЕСЬКОГО НАЦІОНАЛЬНОГО БАНКУ ЩОДО РИНКУ НЕРУХОМОСТІ

2021 ◽  
pp. 70-75
Author(s):  
Олександр Володимирович Києвич
Keyword(s):  
Czech Republic ◽  
Real Estate ◽  
Real Estate Market ◽  
Safe Haven ◽  
The Czech Republic ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
The World ◽  
The Impact

Nowadays, when we still see the impact of COVID not only in the Czech Republic, but all over the world, when the value of money is constantly decreasing due to inflation and negative trends in the economy, people usually try to save their savings where they are confident that they will not lose value. The purpose of the article is to characterize the policy of the Czech National Bank in relation to the real estate market. Research hypothesis. The population of the Czech Republic now perceives housing as a safe haven and protects their savings by buying real estate. That is why, according to practicing economists, the great interest of Czechs in investing in real estate will continue in the coming years. Presentation of the main material. Wealthy people in the Czech Republic are now investing their money in apartments to protect their savings from inflation, which was largely fueled by covid restrictions. Rising inflation and volatility in world currencies is a serious blow to those who keep their savings in cash, so people want to own any asset that has any hope of going up. Originality and practical significance of the research. It has been proven that overheated markets sometimes collapse with dire consequences for a country's economy. And this is the responsibility of the regulators, who must anticipate and prevent such trends in the markets. Conclusions and prospects for further research. The current situation with the pandemic has not affected the real estate market, which is perhaps surprising. The population of the Czech Republic now perceives housing as a safe haven and protects their savings by buying real estate. The main task today of all financial market regulators, not only in the Czech Republic, but all over the world, is and will be the task of preventing a sharp collapse of the formed bubbles, including the real estate market.

scholarly journals Impacts of COVID-19 on the Real Estate Market in the Czech Republic

2021 ◽  
Vol 91 ◽  
pp. 01028
Author(s):  
Eduard Hromada
Keyword(s):  
Czech Republic ◽  
Real Estate ◽  
Housing Market ◽  
Real Estate Market ◽  
The Czech Republic ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Real Estate Advertising

The article deals with the description of the impacts of COVID-19 on the real estate market in the Czech Republic. The article focuses on the housing market - sales and rentals of apartments. The article contains graphs that show the development before COVID-19 and during COVID-19. Trends are indicated as the real estate market will develop in the next period. All results published in this article were created using the EVAL software, which the author of the article has been developing since 2007. This software continuously maps real estate advertising within all cities in the Czech Republic.

scholarly journals Investing in Real Estate in the Czech Republic and Analyzing the Dependence of Profitability and Technical and Socio-Economic Factors

2021 ◽  
Vol 13 (18) ◽  
pp. 10273
Author(s):  
Eduard Hromada ◽  
Tomáš Krulický
Keyword(s):  
Czech Republic ◽  
Real Estate ◽  
Return On Investment ◽  
Real Estate Market ◽  
Economic Factors ◽  
Selling Price ◽  
The Czech Republic ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Socio Economic Factors

This article deals with the study of the dependence between selected technical and socioeconomic factors in the real estate market that affects the return on investment. These factors include the average annual rental yield, sale/rental price for an apartment, the number of ads related to the sale/rental of apartments per 1000 inhabitants, the number of new apartment ads per 1000 inhabitants, and the share of persons facing distraint. Data from the EVAL software were used for calculation. EVAL software was developed by one of the authors of this article and allows the collecting of advertisements promoting real estate for sale and rental in the Czech Republic. This article uses data for individual districts in the Czech Republic. The article uses the methods of descriptive and mathematical statistics. The dependencies between technical and economic parameters are investigated using regression analysis. Significant dependencies were identified between the following parameters: Between selling price of an apartment and the average annual rental yield; Between the average annual rental yield and the average number of months needed to pay for the apartment; Between the average annual rental yield and the share of individuals facing distraint, and between the selling price of an apartment and the price of an apartment for rent.

scholarly journals North beltway of Cracow - selected elements of impact on the environment and the real estate market

2019 ◽  
Vol 86 ◽  
pp. 00009
Author(s):  
Krzysztof Butryn ◽  
Elżbieta Jasińska ◽  
Oleksandra Kovalyshyn ◽  
Edward Preweda
Keyword(s):  
Air Pollution ◽  
Real Estate ◽  
Real Estate Market ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
Transport Line ◽  
Real Estate Prices ◽  
The City ◽  
Real Estates

The construction of such a large road facility as the city beltway can not have an impact on the environment. In addition to the obvious benefits to transport, attention should be paid to the environment of the area, in particular noise and air pollution. In December 2017, the Minister of Infrastructure and Construction signed the investment program for the implementation of the northern Krakow bypass road. General Directorate for National Roads and Motorways, the Kraków branch has announced an open tender for its implementation into the EU. Today, in our tender for the design and construction of the northern bypass road of Krakow, 8 offers was received. All tenderers give the date of completion of all works within 47 months. The length of the two-lane section of the beltway is about 12 km, each roadway will have 3 lanes. The POK (North Beltway od Cracow) will run mostly in the area of the Zielonki commune, through the towns of: Zielonki, Bibice, Węgrzce, Bosutów, Dziekanowice and Batowice. The analysis carried out show a very large increase in the value of real estates located in the northern part of Krakow and adjacent areas in recent years. According to the authors, the construction of the northern beltway and easier access to the center of Krakow through the modernization of the November 29 avenue will contribute to even greater interest in real estates located in this area. Real estate prices will certainly increase, rather only at the beginning of the investment. Residents will gain the comfort of an alternative transport line, but there will also be an increase in noise and air pollution, which is a particularly important problem in and around Krakow. The article presents the validation of these three issues in relation to changes in the real estate market in the commune of Zielonki.

scholarly journals The Impact of Covid-19 Pandemic on the Real Estate Market Development Projects

2020 ◽  
Vol 10 (1) ◽  
pp. 36-49
Author(s):  
Marina Jovanović-Milenković ◽  
Ana Đurković ◽  
Darko Vučetić ◽  
Borko Drašković
Keyword(s):  
Real Estate ◽  
Real Estate Market ◽  
Market Development ◽  
Development Projects ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
The Impact

scholarly journals The Comparative Analysis of Real Estate Market Development Tendencies in the Baltic States

2018 ◽  
Vol 6 (1) ◽  
pp. 6-23 ◽  
Author(s):  
Inese Binovska ◽  
Linda Kauškale ◽  
Jānis Vanags
Keyword(s):  
Comparative Analysis ◽  
Real Estate ◽  
Real Estate Market ◽  
Housing Affordability ◽  
Market Development ◽  
Baltic States ◽  
The Real ◽  
The Real Estate ◽  
The Real Estate Market ◽  
The Baltic

Abstract The development of the real estate market contributes to the development of the national economy, thus creating a favourable investment climate for the investors. Increase in the level of the incomes of the inhabitants may increase the availability of housing in the country by fiscal and monetary policy instruments. The topicality of the paper is related to the need for analysis of the trends and prospects of the real estate market development of the Baltic States, as it has a high social meaning and has a high importance for market participants. The objective of the research is to analyse influencing factors and tendencies of real estate market development in Baltic States, and includes a comparative analysis of the residential property market in the Baltic States is conducted. The research methods used in the paper are statistical data analysis, historical and logical approach methods. The article focuses mainly on the housing market. It was concluded in the study that under the similar geographic and economic conditions in the Baltic States, the housing affordability index and real estate market development tendencies have many differences and success indicators are still varying.

Sign in / Sign up

Export Citation Format

Share Document