The average size of actual new mortgage originations remained essentially unchanged in October after rising to CZK 4.34m in September. CZK. However, its size is still 15% higher than the CZK 3.79mn figure. CZK a year ago. In 2020, its average size reached CZK 2.76m, 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%.