Development of real estate offer prices

Last quarter's value

Development of real estate offer prices

(% yoy)
CBA Commentary
According to CSO data, the offer prices of new and older flats in the Czech Republic rose by 3.5% in Q2 2025 after 6.3% growth in the previous quarter, outpacing the average quarterly growth of 2.4% recorded since the end of 2019. In Prague, these prices rose by 1.5% quarter-on-quarter after 7.9%; vs. the long-term average of 2.1%. \Year-on-year, then, in the Czech Republic, they grew 17% in 2Q/2025, reaching 1.7 times the pre-pandemic fourth quarter of 2019 and 2.7 times the end of 2013. These ratios reached 1.6 and 2.6 in Prague and 1.8 and 2.7 in the rest of the country, respectively.
Source of primary data
CZSO
Note
Average offer prices for new and renovated apartments, old apartments.
Category
Real estate prices
Data frequency
Quarterly
Comments
Growth of new-build and offer prices of flats remains strong in the second quarter
Economic commentary by Jaromir Šindel, Chief Economist of the CBA