Ceny \u010desk\u00e9ho bydlen\u00ed nad\u00e1le rostou, proto\u017ee siln\u00e1 popt\u00e1vka po nemovitostech p\u0159evy\u0161uje omezenou nab\u00eddku. To zvy\u0161uje riziko dal\u0161\u00edho r\u016fstu j\u00e1drov\u00e9 inflace, p\u0159esto\u017ee ceny v\u00fdrobc\u016f v pr\u016fmyslu a zem\u011bd\u011blstv\u00ed z\u016fst\u00e1vaj\u00ed utlumen\u00e9. Rostouc\u00ed n\u00e1klady na v\u00fdstavbu a p\u0159etrv\u00e1vaj\u00edc\u00ed nap\u011bt\u00ed na trhu s bydlen\u00edm budou podle o\u010dek\u00e1v\u00e1n\u00ed i v pr\u016fb\u011bhu roku 2026 pat\u0159it mezi hlavn\u00ed v\u00fdzvy \u010desk\u00e9 ekonomiky.<\/p>\n
Ceny \u010desk\u00fdch v\u00fdrobc\u016f z\u016fst\u00e1vaj\u00ed utlumen\u00e9 navzdory rostouc\u00edm n\u00e1klad\u016fm na v\u00fdstavbu<\/strong><\/p>\n Nejnov\u011bj\u0161\u00ed \u00fadaje o cen\u00e1ch v\u00fdrobc\u016f ukazuj\u00ed rozd\u00edln\u00fd v\u00fdvoj nap\u0159\u00ed\u010d \u010deskou ekonomikou. Ceny pr\u016fmyslov\u00fdch v\u00fdrobc\u016f v b\u0159eznu meziro\u010dn\u011b klesly o 1,1 %, p\u0159esto\u017ee mezim\u011bs\u00ed\u010dn\u011b zaznamenaly r\u016fst v d\u016fsledku dopad\u016f glob\u00e1ln\u00edho energetick\u00e9ho \u0161oku. Ceny zem\u011bd\u011blsk\u00fdch v\u00fdrobc\u016f se meziro\u010dn\u011b sn\u00ed\u017eily o 10,3 % a pokra\u010dovaly tak v p\u011btim\u011bs\u00ed\u010dn\u00ed s\u00e9rii mezim\u011bs\u00ed\u010dn\u00edch pokles\u016f, a to navzdory zv\u00fd\u0161en\u00fdm cen\u00e1m energi\u00ed a oslaben\u00ed \u010desk\u00e9 koruny.<\/p>\n Opa\u010dn\u00fd trend v\u0161ak vykazuj\u00ed ceny ve stavebnictv\u00ed a slu\u017eb\u00e1ch. Ceny stavebn\u00edch prac\u00ed vzrostly meziro\u010dn\u011b o 2,7 %, zat\u00edmco tr\u017en\u00ed slu\u017eby zaznamenaly meziro\u010dn\u00ed r\u016fst o 3,6 %. Pokles cen elekt\u0159iny, plynu, potravin a motorov\u00fdch vozidel pomohl zm\u00edrnit celkov\u00e9 infla\u010dn\u00ed tlaky, zat\u00edmco produkty spojen\u00e9 s ropou v\u00fdrazn\u011b zdra\u017eily. Tento v\u00fdvoj nazna\u010duje, \u017ee celkov\u00e1 inflace z\u016fst\u00e1v\u00e1 pod kontrolou, av\u0161ak tlak na r\u016fst n\u00e1klad\u016f se postupn\u011b p\u0159esouv\u00e1 zejm\u00e9na do stavebn\u00edho sektoru.<\/p>\n \u010cesk\u00fd trh s bydlen\u00edm \u010del\u00ed siln\u00e9 popt\u00e1vce a omezen\u00e9 nab\u00eddce<\/strong><\/p>\n \u010cesk\u00fd trh s bydlen\u00edm z\u016fst\u00e1v\u00e1 pod tlakem, proto\u017ee popt\u00e1vka po reziden\u010dn\u00edch nemovitostech nad\u00e1le p\u0159evy\u0161uje dostupnou nab\u00eddku. Nab\u00eddkov\u00e9 ceny byt\u016f si v prvn\u00edm \u010dtvrtlet\u00ed roku 2026 udr\u017eely ve v\u011bt\u0161in\u011b region\u016f meziro\u010dn\u00ed r\u016fst v \u0159\u00e1du des\u00edtek procent, zat\u00edmco Praha zaznamenala pomalej\u0161\u00ed r\u016fst o 8,9 %. To nazna\u010duje, \u017ee hlavn\u00ed m\u011bsto se m\u016f\u017ee nach\u00e1zet v pokro\u010dilej\u0161\u00ed f\u00e1zi sou\u010dasn\u00e9ho realitn\u00edho cyklu.<\/p>\n K r\u016fstu cen \u010desk\u00e9ho bydlen\u00ed nad\u00e1le p\u0159isp\u00edv\u00e1 n\u011bkolik faktor\u016f. Pat\u0159\u00ed mezi n\u011b siln\u00e1 popt\u00e1vka dom\u00e1cnost\u00ed podporovan\u00e1 \u00fasporami a hypote\u010dn\u00edm financov\u00e1n\u00edm, dlouhodob\u00fd nedostatek byt\u016f, rostouc\u00ed mzdov\u00e9 n\u00e1klady ve stavebnictv\u00ed a tak\u00e9 prohlubuj\u00edc\u00ed se nedostatek stavebn\u00edch materi\u00e1l\u016f souvisej\u00edc\u00ed s naru\u0161en\u00edm dodavatelsk\u00fdch \u0159et\u011bzc\u016f v d\u016fsledku situace na Bl\u00edzk\u00e9m v\u00fdchod\u011b. Kombinace t\u011bchto faktor\u016f podle o\u010dek\u00e1v\u00e1n\u00ed udr\u017e\u00ed ceny nemovitost\u00ed i nad\u00e1le v r\u016fstov\u00e9m trendu.<\/p>\n Rostouc\u00ed ceny nemovitost\u00ed mohou zv\u00fd\u0161it \u010deskou j\u00e1drovou inflaci<\/strong><\/p>\n V\u00fdvoj cen \u010desk\u00e9ho bydlen\u00ed z\u016fst\u00e1v\u00e1 jednou z hlavn\u00edch nejistot pro budouc\u00ed v\u00fdvoj inflace. Sc\u00e9n\u00e1\u0159ov\u00e9 anal\u00fdzy nazna\u010duj\u00ed, \u017ee i v p\u0159\u00edpad\u011b postupn\u00e9ho zpomalov\u00e1n\u00ed r\u016fstu cen nemovitost\u00ed budou imputovan\u00e9 n\u00e1klady na bydlen\u00ed nad\u00e1le r\u016fst. V p\u0159\u00edzniv\u011bj\u0161\u00edm sc\u00e9n\u00e1\u0159i pro realitn\u00ed trh by dvoucifern\u00fd r\u016fst cen nemovitost\u00ed pokra\u010doval i b\u011bhem n\u00e1sleduj\u00edc\u00edho roku, zat\u00edmco slab\u0161\u00ed sc\u00e9n\u00e1\u0159 po\u010d\u00edt\u00e1 s t\u00edm, \u017ee velc\u00ed investo\u0159i omez\u00ed n\u00e1kupy nemovitost\u00ed a zpomal\u00ed tak dynamiku trhu.<\/p>\n Ve v\u0161ech variant\u00e1ch v\u0161ak z\u016fst\u00e1v\u00e1 r\u016fst n\u00e1jemn\u00e9ho nad historick\u00fdmi pr\u016fm\u011bry. To podporuje o\u010dek\u00e1v\u00e1n\u00ed, \u017ee rostouc\u00ed n\u00e1klady na bydlen\u00ed by se v n\u00e1sleduj\u00edc\u00edch letech mohly st\u00e1t jedn\u00edm z hlavn\u00edch faktor\u016f p\u0159isp\u00edvaj\u00edc\u00edch k vy\u0161\u0161\u00ed \u010desk\u00e9 j\u00e1drov\u00e9 inflaci.<\/p>\n \u010cNB bude pravd\u011bpodobn\u011b sledovat rizika spojen\u00e1 s trhem bydlen\u00ed<\/strong><\/p>\n \u010cesk\u00e1 n\u00e1rodn\u00ed banka se v sou\u010dasn\u00e9 dob\u011b nach\u00e1z\u00ed v relativn\u011b komfortn\u00ed pozici, proto\u017ee slab\u0161\u00ed ceny pr\u016fmyslov\u00fdch a zem\u011bd\u011blsk\u00fdch v\u00fdrobc\u016f pom\u00e1haj\u00ed udr\u017eovat celkovou inflaci v r\u00e1mci toleran\u010dn\u00edho p\u00e1sma. Rostouc\u00ed n\u00e1klady ve stavebnictv\u00ed a pokra\u010duj\u00edc\u00ed r\u016fst cen \u010desk\u00fdch nemovitost\u00ed v\u0161ak pravd\u011bpodobn\u011b zv\u00fd\u0161\u00ed tlak na j\u00e1drovou inflaci prost\u0159ednictv\u00edm vy\u0161\u0161\u00edch imputovan\u00fdch n\u00e1klad\u016f na bydlen\u00ed.<\/p>\n Vzhledem k nejistot\u011b ohledn\u011b ekonomick\u00fdch dopad\u016f konfliktu na Bl\u00edzk\u00e9m v\u00fdchod\u011b se o\u010dek\u00e1v\u00e1, \u017ee tv\u016frci m\u011bnov\u00e9 politiky budou p\u0159ed p\u0159\u00edpadnou zm\u011bnou nastaven\u00ed \u00farokov\u00fdch sazeb vy\u010dk\u00e1vat na dal\u0161\u00ed ekonomick\u00e1 data. Z\u00e1rove\u0148 bude p\u0159i hodnocen\u00ed situace ze strany \u010cNB pravd\u011bpodobn\u011b hr\u00e1t roli i nov\u00fd vl\u00e1dn\u00ed r\u00e1mec pro do\u010dasnou regulaci cen pohonn\u00fdch hmot v p\u0159\u00edpad\u011b budouc\u00edch kriz\u00ed.<\/p>\n \u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" Ceny \u010desk\u00e9ho bydlen\u00ed nad\u00e1le rostou, proto\u017ee siln\u00e1 popt\u00e1vka po nemovitostech p\u0159evy\u0161uje omezenou nab\u00eddku. To zvy\u0161uje riziko dal\u0161\u00edho r\u016fstu j\u00e1drov\u00e9 inflace, p\u0159esto\u017ee ceny v\u00fdrobc\u016f v pr\u016fmyslu…<\/p>\n","protected":false},"author":4,"featured_media":63505,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[132],"tags":[716,675],"class_list":["post-63552","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-ceske-republice","tag-real-estate-en"],"_links":{"self":[{"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/posts\/63552","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/comments?post=63552"}],"version-history":[{"count":1,"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/posts\/63552\/revisions"}],"predecessor-version":[{"id":63553,"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/posts\/63552\/revisions\/63553"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/media\/63505"}],"wp:attachment":[{"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/media?parent=63552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/categories?post=63552"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dreamville.cz\/cs\/wp-json\/wp\/v2\/tags?post=63552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}