The average size of a new mortgage actually granted rose slightly to CZK 4.51m in January. CZK, i.e. by almost 1% month-on-month. Its size is thus 15% higher than the CZK 3.92m (EUR 3.92m) 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 1%, while mortgages for construction were similar (in the previous six years, these differences were 4% and -5%). 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%.