Comment by Jaromír Šindel, Chief Economist of the CBA: According to the Czech Statistical Office, realised prices of older flats in the Czech Republic rose by 3.7% quarter-on-quarter in the third quarter, which exceeds income growth for the seventh quarter already and maintains the too brisk annual pace of property prices at around 16%. Higher property prices are also making their way into the CNB's macroprudential capital policy settings, with discussion over the (arguably unscary) possible introduction of a sectoral systemic buffer, as well as less intuitive discussions over the role of investment activity by non-financial corporates in setting the countercyclical capital buffer.
CBA Hypomonitor
Detailed information on the development of the domestic mortgage market based on the CBA data collection, which captures data from all domestic banks and building societies providing mortgage loans. The complete dataset is attached to the latest CBA Hypomonitor commentary, which can be found below.
91
thousand; ytd
November 2025
70
thousand; ytd
November 2025
Comments
Since the beginning of the year, their volume has reached CZK 293 billion, i.e. CZK 84 billion more than a year ago.
Comment by Jaromír Šindel, Chief Economist of the CBA: The Central Bank, through stricter requirements in the form of recommendations for investment mortgages, has decided to make a modest effort to correct mortgage demand on the real estate market, which remains very tight in terms of prices, mainly due to the supply side - see the drop in building permits.
Since the beginning of the year, the volume of new mortgages has reached CZK 265 billion
The volume of new mortgages has reached CZK 235 billion since the beginning of the year
The rate fell slightly to 4.52%.
The rate fell slightly further to 4.53%.
In June 2025, banks and building societies granted new mortgages worth CZK 29.4 billion.
Average mortgage rate fell to 4.6%
Despite the slight correction, April continued to see strong volumes of new mortgages supported by another slight decline in the average mortgage rate to 4.65%.
March continued to see strong new mortgage volumes supported by another slight fall in the average rate to 4.68%
February still suggests continued strong volumes of new mortgages, thanks to a further decline in the average rate to 4.72%.
Average mortgage rate fell to 4.78 per cent
Average mortgage rate fell to 4.8 percent
Average mortgage rate fell to 4.85 per cent
Average mortgage rate fell to 4.9 per cent
Average mortgage rate fell to 4.96 per cent
The average mortgage rate fell to 4.98 percent, the lowest in two years
The average rate increased slightly to 5.07 percent
Average interest rate fell to 5.06%
The average mortgage rate fell to 5.07% in May.
The average mortgage rate fell to 5.10%.
Average mortgage rate fell to 5.19%
Average mortgage rate fell to 5.36% in February
Interest in mortgages almost doubled year-on-year in January.
Interview with Jakub Seidler, Chief Economist of the Czech Banking Association
Interview with Jakub Seidler, Chief Economist of the Czech Banking Association
Mortgage market continues to revive, interest rate fell to 5.65% in December
CBA Hypomonitor: Mortgage market held at October level in November, interest rate fell to 5.67 %