The average size of a new mortgage actually granted rose slightly to CZK 4.38m in November. CZK, i.e. by almost 1% month-on-month. Its size is thus 14% higher than the CZK 3.84m (EUR 3.84m) of the previous year. CZK a year ago. This year, mortgages for the purchase of real estate exceeded the average size of a new mortgage by 2%, while mortgages for construction were 3% smaller (in the previous five years, these differences were 4% and -6%). In 2020, its average size reached CZK 2.76 million, making its current size 1.6 times higher.
Source of primary data
CBA Hypomonitor
Note
A more detailed breakdown of the CBA Hypomonitor data is available in its monthly data supplement, see: https://www.cbamonitor.cz/publicistika/soubory/cba-hypomonitor-data
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%.