Real estate market in the Czech Republic – case study of Olomouc and Zlín region

Abstract

This paper is embedded into the issue of regional real estate market situation of the Czech Republic. The paper uses Olomouc and Zlín region as a case study and examines the period 2007 to 2017. The main objective of the paper is to reveal whether or not the real estate markets of chosen regions pass through the “golden age” in current economic expansion of the Czech economy. The evaluation is based on official data of the Czech Statistical Office and the Czech National Bank. Thus, indicators about real estate market, regional and national economy and monetary policy are employed. Concept of the paper follows, among other, the threat of real estate bubble birth and bursting in current Czech environment.