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.