The average size of a new mortgage actually granted rose to CZK 4.81m in March. CZK, i.e. by almost 4% month-on-month. Its size is thus 19% higher than the CZK 4.04 million in the first quarter of 2011. CZK a year ago. Mortgages for the purchase of real estate exceeded the average size of new mortgages by 0% this year, while mortgages for construction were 0% smaller (in the previous six years, these differences were 4% and -6% respectively. In 2020, its average size reached CZK 2.76 million, making its current size 1.7 times larger.
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
February ranked among the five strongest mortgage months ever in terms of volume in billions of crowns, but also with a continued strong number of new mortgage originations.
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%.