Vladimír Urbánek (Kurzy.cz)
Markets  |  April 02, 2013 20:04:48

New apartments for sale in the first quarter did not make new highs, selling a total of 1,122 flats


In the first quarter of this year, the new buildings in Prague sold a total of 1,122 new flats. Compared to the same period last year, representing an increase of 49% from the previous quarter but a decrease of 21.7%. Even though this is the second best quarter since the onset of the recession in 2008. She said that today a leading Czech developer EKOSPOL that regular monitoring of the Prague residential market has been dealing with for 7 years.

Although no further acceleration shopping rush, which literally broke in the last quarter of last year, the figures for the first half of this year for the Prague developers still very encouraging. Thus, strictly speaking, only for some developers.

 

Demand continue downloading superlevné projects

"In the first quarter, the trend that we have seen the end of last year and that was worth a leap in sales of new apartments in Prague. Demand from all over Prague is downloaded into several superlevných projects that offer hundreds of new apartments in Prague price significantly below average, "Eugene explains Korec, CEO and Chairman of the Board and EKOSPOL

 

Paradise for buyers will continue

Market share of the three largest developers reached in the first quarter of this year, 45.8%, sold together three strong total 514 new apartments. With regard to other traditional marketing stages in sales in the second quarter of the year can be assumed that the extremely favorable conditions for buyers will continue for some time. "In the second quarter we put up for sale for nearly 400 apartments in three superlevných locations. The preparation of other intensive work, "concludes Eugene Korec whose EKOSPOL sold in the first quarter of this year, a total of 221 ??apartments and achieved a market share of 19.7%.

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