Košice bucks property price trend

House and flat prices have risen in all areas except Košice since last spring, according to the Slovak Association of Estate Agents (NARKS).

Flat prices have risen by an average of 50 percent in Bratislava over the last year. NARKS vice president Ľubomír Kardoš says he does not expect the trend to continue, due to higher energy prices and concerns over expected price rises with entry to the EU.

Analysts said the figures, based on average prices of properties advertised for sale, were lower in Košice because of a lower number of properties available in the most sought-after locations.

Compiled by Conrad Toft from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

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