April 2004
 INCOMA Research
Brief Introduction of
Residential potential in Prague 2004
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RESIDENTIAL POTENTIAL IN PRAGUE 2004
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ÄCzech housing market is in its expansion period, demand for new dwellings is growing. In 2003, the highest number of started new apartments since 1990 has been recorded (36,5 thousand). Czechs concluded 31,5 ths. of mortgages in value of 36,2 bn CZK. In case of construction saving programme, 2,1 mil. of contacts were concluded. Building societies provided more than 155 ths. new loans, in total value of 32,8 bn CZK.
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ÄA dominating proportion of the new development activities has been concentrated to Prague and its vicinity. Just this region has become the target area for the survey presented.
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ÄMost market players monitor carefully competitive projects coming to the market, however what is often missing is an objective and unbiased information about actual patterns of the demand side of the market. Consumer research is quite essential for getting involved into real preferences of potential clients.
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ÄINCOMA Research (dealing with real estate research a.o.) has conducted several bigger residential surveys for various clients recently.
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ÄRegarding the growing demand for information relevant for residential developments, INCOMA has decided to carry out an extensive representative research (as a non-exclusive multi-client project):  RESIDENTIAL POTENTIAL IN PRAGUE/POTENCIÁL PRAŽSKÉHO REZIDENČNÍHO TRHU 2004
Research objectives