Mortgages keep growing in the Czech Republic

Market analysts say the rise stems from a feared increase in real estate values and the cost of money. On the other hand, according to an in-depth analysis of the Retail Credit Survey – carried out by CRIF in collaboration with Assofin and Prometeia -  in the Czech Republic, economic growth and per capita income have been rising fast, while households owing their on houses are still at less than 50%.