The average size of an actual new mortgage fell slightly to CZK 4.26m in August. CZK, i.e. by almost 0% month-on-month. However, its size is still 8% higher than the CZK 3.95mn in the same period last year. CZK 1.5 million a year ago. In 2020, its average size reached CZK 2.76 million, making its current size 1.5 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%.