Hi all Found this article on 'Prague Daily Monitor', recently. "Prices of flats in Czech Republic grow up to 30 percent in 2006 Prague, Nov 27 (CTK) - Prices of flats have increased by ten percent outside Prague and some cities and by 20-30 percent in Prague this year, the business daily Hospodarske noviny reported today. Real estate experts say the trend will continue next year. Some 20,000 flats are sold in the country annually, of which roughly half in Prague. "The fact is that demand for flats across the whole country is higher than supply. That is why prices grow" the daily quotes Arnost Hejduk of Rooney & Benett, which monitors the development on the real estate market. Price growth has been registered for both new and older flats. Experts say economic growth is the main reason behind the price increase. Housing prices in the Czech Republic are at 38 percent of the EU-15 average, compared with 118 percent in Germany and 142 percent in Ireland, according to data from the EU statistical office Eurostat." Asher