In May, banks and building societies actually granted new mortgage loans worth CZK 27.4 billion. After a seasonal adjustment, May's new mortgage lending figures showed a slight decline (to around CZK 24.4 billion compared with CZK 24.4 billion in the previous three months), thus reaching a level around 48% higher than in the first half of last year.
Source of primary data
CBA Hypomonitor
Note
Only new loans, excluding refinanced and increased loans. 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%.