Prices of flats and houses

11.3 % yoy
Flats in total
16.1 % yoy
Family houses

CBA Commentary

The average transaction price of flats in the Czech Republic in the fourth quarter of 2025 reached CZK 97.5 thousand. CZK per sqm. Of this, for first-time sales from the developer to the buyer, 139.8 thousand CZK per sqm. CZK 131.7 thousand for new flats, CZK 131.7 thousand for new flats. CZK, while the transaction price for older bricks was CZK 80.6 thousand. CZK and in the case of a panel 71 thousand CZK. CZK.
The average transaction price of flats in Prague in this quarter reached CZK 160.5 thousand. CZK. In the case of first sales from the developer, it amounted to CZK 172.7 thousand. CZK and older brick reached CZK 145 thousand. CZK.
The average transaction price of a family house in the Czech Republic in this period reached CZK 6.2 million. CZK per transaction.

Prices of flats and houses

flats: thous. CZK / m2; RD: 100 thous. CZK per transaction

CBA Monitor
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Source of primary data

Flat Zone

Category

Real estate prices

Data frequency

Quarterly

Note

Average transaction price per sqm.
The category of "new and renovated flats" includes, according to Flat Zone's methodology, first sales of new flats (in the developer-client relationship; at the time of sale according to the price list) and resales of new flats (so-called renovated flats in the client-client relationship; at the time of registration in the Land Registry) built since 1995. Flats built before 1995 are classified as 'older flats'.

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Comments

This continues to boost activity, although not at the rapid pace seen in 2023-2024.

Higher house prices spark richer debate over central bank macroprudential policy than first appears

Comment by Jaromír Šindel, Chief Economist of the CBA: According to the Czech Statistical Office, realised prices of older flats in the Czech Republic rose by 3.7% quarter-on-quarter in the third quarter, which exceeds income growth for the seventh quarter already and maintains the too brisk annual pace of property prices at around 16%. Higher property prices are also making their way into the CNB's macroprudential capital policy settings, with discussion over the (arguably unscary) possible introduction of a sectoral systemic buffer, as well as less intuitive discussions over the role of investment activity by non-financial corporates in setting the countercyclical capital buffer.

Decline in transaction prices of flats in the second quarter is related to transactions rather than to a fall in prices

Economic commentary by Jaromir Šindel, Chief Economist of the CBA

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

Strong home price growth continued with transactions rising in the first quarter, and while May's first-sale prices did not change direction, the decline in transactions did

Economic commentary by Jaromir Šindel, Chief Economist of the CBA