Economics

Gross Domestic Product 2.1 % year-over-year Rise in Consumer Prices (Inflation) 1.8 % year-over-year Industrial Production 1.9 % year-over-year Trends in Gross Domestic Product 2.0 % year-over-year Wage Trends 8.1 % year-over-year (nominal) Monthly Changes in Consumer Prices (Inflation) 1.7 % YoY, total Post-COVID Recovery of Economic Activity 4.4 %yoy (June 2026) Unemployment 4.96 % (06-2026) Confidence Indicators 1.4 % year-over-year

The CNB is waiting for a new impetus and is counting on economic growth that is less inflationary Four Stories from June's Data: Energy, Exports, Wages, and Housing Starts July's inflation figures and June's retail sales give the CNB time, but not peace of mind Expect the CNB to hold in August—but keep a September hike to 4% on the radar The Czech economy picked up slightly, but growth remained below the CNB's forecast

Banking sector

Banking Sector Assets 11 911.00 billion CZK Number of employees 37 919 Number of Banks by Size 43 (total) Bank Profits in the Economy 128.76 billion CZK Profitability of the Banking Sector 1.12 % return on assets Capital Adequacy and the Role of Profit in It 23.14 % Net interest income 1.56 % of assets Interest income and expenses 45.65 billion CZK Interest Income in Banks' Profits 179.28 billion CZK

Two bank stress tests, one conclusion: the resilience of Czech banks Banking Statistics for June 2026 Mortgage standards have tightened, but not only strong demand has mitigated the impact on lending conditions CNB tightens banks' capital buffer. Responds to faster credit growth and new risks, including fiscal Banking statistics for March 2026

Loans and deposits

Loans and deposits

Loan Trends 9.2 % year-over-year Deposit Trends 4.8 % year-over-year Ratio of Non-Performing Loans 1.4 % New Loans in the Economy 156 billion CZK New Loans in the Economy: A Closer Look 98 billion CZK Interest Rates on New Loans 4.7 %

The CNB is waiting for a new impetus and is counting on economic growth that is less inflationary Two bank stress tests, one conclusion: the resilience of Czech banks Banking Statistics for June 2026 Expect the CNB to hold in August—but keep a September hike to 4% on the radar Mortgage standards have tightened, but not only strong demand has mitigated the impact on lending conditions

CBA Hypomonitor

CBA Hypomonitor

Number of new mortgages granted, excluding and including refinancing and loan increases 46 thousand; YTD Volume of Newly Granted Mortgages, Including and Excluding Refinancing and Top-Ups 215.9 billion CZK; YTD Average Interest Rate on New Mortgages 4.79 % Average Size of a New Mortgage 4.68 million CZK Illustrative Average Monthly Mortgage Payment 25 841 CZK Total Mortgage Volume for the Year 385 billion CZK

Mortgage standards have tightened, but not only strong demand has mitigated the impact on lending conditions CBA Hypomonitor: Higher Rates and Regulations Slowed Mortgage Growth, but the Market Remained Strong in June CBA Hypomonitor: A slight increase in the mortgage rate to 4.67% sustained solid activity in May CBA Hypomonitor: April also rewrote mortgage highs with still low rate of 4.52% Stronger wave of mortgage refixing, while the interest-rate shock eases. Higher inflation remains a risk.

Real estate prices

Real estate prices

Trends in Real Estate Asking Prices 12.9 % yoy Trends in Actual Prices of Older Apartments 14.5 % yoy Changes in actual apartment prices in Prague, % yoy 12.1 % yoy Prices of new and nearly new apartments and the number of transactions 9.4 % yoy Prices of older apartments and the number of transactions 9.2 % yoy Prices of apartments and single-family homes 4.7 % yoy Prices of New and Nearly New Apartments by Region 141.0 thousand CZK per m² Prices of Older Apartments by Regional Capital Cities 77.4 thousand CZK per m² Prices of Single-Family Homes by Regional Capital City 6.39 (price per house in millions of CZK)

High savings, rising property prices and little relief for the CNB Realized apartment prices are rising more slowly, but the regional markets have not yet cooled off Strong pace of growth in supply prices of flats also at the beginning of 2026 Stronger household incomes outpaced house price growth for six quarters House prices up 12 percent last year, rental housing up 10 percent in some regions

CBA Forecast

CBA Forecast: Gross Domestic Product 2.0 % year-over-year CBA Forecast: Consumer Prices (Inflation) 2.5 % year-over-year CBA Forecast: Average Wage 6.1 % year-over-year CBA Forecast: Unemployment 4.8 % CBA Forecast: CNB Interest Rate 3.50 % CBA Forecast: Exchange Rate Against the Euro 24.4 CZK/EUR

CBA Macroeconomic Forecast 2Q26 (Part 2): interview with Helena Horská CBA Macroeconomic Forecast 2Q26 (Part 1): interview with economist Petr Gapek MACROECONOMIC FORECAST OF THE CZECH REPUBLIC 2Q 26 CBA Macroeconomic Forecast 1Q26 (Part 2): interview with economist Pavel Sobíšek CBA Macroeconomic Forecast 1Q26 (Part 1): interview with economist Jan Vejmělek

Real estate prices
Prices of Older Apartments by Regional Capital Cities

Prices of Older Apartments by Regional Capital Cities

77.4 thousand CZK per m²

Average Price in the Czech Republic

Commentary by the Czech Bar Association

Average transaction prices for apartments in older buildings in the Czech Republic reached 77,000 CZK per square meter in the first quarter of 2026, and 144,000 CZK per square meter in Prague (i.e., 187% of the average transaction price in the Czech Republic). The range between the minimum and maximum of these average prices in other regional capitals was between 47,000 and 117,000 CZK per square meter (i.e., between 61% and 152% of the average transaction price in the Czech Republic), which are the prices transacted in the cities of Ústí nad Labem and Brno.

Prices of Older Apartments by Regional Capital City

Q1 2026

CBA Monitor

You can hide a data set by clicking on the data set name in the chart legend.

Source of Primary Data

Flat Zone

Category

Real Estate Prices

Data Frequency

quarterly

Note

Average transaction price for the quarter.
The average price for the Czech Republic as a whole may fall outside the range for regional capitals, as it also includes data for cities outside the regions.
According to Flat Zone’s methodology, the “older apartments” category includes apartments built before 1995. Meanwhile, the “new and nearly new apartments” category includes first sales of new apartments (in the developer-client relationship; at the time of sale according to the price list) and resales of new apartments (so-called “nearly new” apartments in a client-to-client relationship; at the time of registration in the real estate cadastre) built since 1995.

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Comments

House prices up 12 percent last year, rental housing up 10 percent in some regions

25. 02. 2026

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

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