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AG
Alfred Gray
@alfredgray · Apr 12

MORTGAGE GROWTH AND A RECOVERY IN THE PROPERTY MARKET.

Positive market recovery - Recent data confirms the continued year-on-year growth in interest in buying property. This indicates stabilisation and improvement in the economic situation, leading to greater consumer confidence and willingness to invest in property.

Growth in the number of mortgage loans - The volume of new mortgages granted, excluding refinancing, rose by 19 per cent month-on-month to CZK 15.4 billion in March. This growth indicates a growing demand for financing for property purchases. The 30 per cent year-on-year increase is evidence of a recovery in the mortgage market compared to last year, which is a positive signal for the economy.

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