Abstract
Introduction
Gross advances in the Czech mortgage market grew at a CAGR of 28.7% from 2002
06. Various factors have pushed this market upward, including strong demand,
high house price growth and falling borrowing costs. What are the current
issues facing the Czech mortgage market? Who are the biggest lenders? What
will be the size of this sector in the next five years? This report provides
the answers.
Scope
Covers the residential mortgage market. Provides market sizing data in terms
of gross advances and balances outstanding. Provides competitor market share
for the top three players in terms of balances outstanding. Looks at housing
policies, regulations and issues in the mortgage market.
Highlights
Banks occupy the lion' s share of the Czech mortgage market, with over 92.5% of
gross advances accounting for this type of institution in 2006 and the
remaining 7.5% held by building societies. Typical mortgage interest rates
have been declining steadily in the Czech Republic since 2004. In the fourth
quarter of 2006, typical mortgage interest rates were 4.91%, a historically
low level. In spite of recent buoyancy in the housing market, the Czech
Republic' s mortgage debt to GDP ratio is still extremely low for European
levels.
Reasons to Purchase
Learn how the Czech residential mortgage market has developed over the last
five years. Understand the recent developments in the mortgage market in terms
of regulations and competitor shares. Find out Datamonitor' s opinion on the
future performance of the Czech mortgage market over the next five years and
its future prospects.
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