Czech Republic: happiness is a rising house price

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Czech annual house price change graphEconomic growth is back, mortgage demand is exploding, housing completions remain low, and mortgage interest rates are as low as they´ve ever been.  It´s looking good!

The average price of apartments in the Czech Republic rose by 2.74% in 2014 (2.26% in real terms), the sixth consecutive quarter of moderate price increases, according to the Czech Statistical Office (CZSO).

During the year to Q3 2014:

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