Svoboda & Williams real estate has published the first volume of its Market Report which will biannually analyze the developments in the premium segment of the Prague residential market.
"For quite a long time, we have been considering how best to work with the data on the real estate deals that our business is constantly generating. Finally, we have decided, in the name of transparency, to publish the non-sensitive part of this data regularly, in the form of the Market Report. Alongside the raw data itself, the Market Report, of course, also includes our interpretations and comments – simply put, it is a view of the real estate market through our eyes," says Prokop Svoboda, Managing Partner of Svoboda & Williams.
Released twice a year, each volume of the Svoboda & Williams Market Report will focus on the past two quarters. Close attention will be paid to the rental market in Prague, which has recently been undergoing a considerable revival. Aiming to achieve an accurate interpretation of the development of the rental market, Svoboda & Williams has been using the S&W + VŠE Rental Price Index, an analytical tool that the company developed in cooperation with the Faculty of Informatics and Statistics at the University of Economics in Prague. Crucially, the Market Report only works with data concerning realized, not advertized, prices.
The current issue of the Market Report is dedicated to:
- The gradual rationalization of the property demand in the second quarter 2018
- The widening of the offer of new apartments and resales
- The impact of the Czech National Bank’s restrictions on the real estate market
- The rise of rental housing
- The influence of the cultural & gastronomic scene on residential development in Prague 7
Click here to download (pdf) the Svoboda & Williams Market Report | H1 2018
