Czech real estate market to stabilize in H2 2023
Currently, most markets are in the stage of ‘price discovery’. Since the summer, we have witnessed a ‘dance floor situation’ in the Czech real estate investment market. Buyers are sitting on one side of the dance floor and sellers on the other, and everyone is waiting to see who will dare to enter the dance floor first. CPI inflation could reach 15.8% this year, according to forecasts from the Czech National Bank, and inflation could be double-digit in the first half of the 2023 at the very least.