Mortgage origination volumes for the full year

372 billion CZK
Momentum for this year's volume of new mortgages
321 billion CZK
Volume of new mortgages 2025

CBA Commentary

Taking into account the mortgage dynamics of the last three months, i.e. February to April, the volume of new mortgages without refinancing could reach CZK 372 billion in 2026, i.e. +16% compared to last year. This snapshot roughly assumes a 7% negative adjustment to the number of new mortgages by the end of the year, which should increase the number of new mortgages to 78.7k, 3.5% above last year's 76.1k (the snapshot itself points to 92.7k new mortgages this year). Hypomonitor's history since 2020 shows their lowest annual volume at 124 billion in 2023 and their highest volume at 379 billion in 2021.

Mortgage origination volumes for the full year

CBA Monitor
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Source of primary data

CBA Hypomonitor

Category

CBA Hypomonitor

Data frequency

annual

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

Related Charts

Number of new mortgages granted without and with refinancing and increases
Volume of newly granted mortgages without and with refinancing and increase

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CBA Hypomonitor: April also rewrote mortgage highs with still low rate of 4.52%
Jaromír Šindel 18. 05. 2026

Average mortgage rate rises to 4.52%

Stronger wave of mortgage refixing, while the interest-rate shock eases. Higher inflation remains a risk.
Jaromír Šindel 13. 05. 2026

This year is bringing a strong wave of expiring mortgage rate fixations, while the shorter fixation periods agreed in recent years will further increase these volumes in the years ahead. Building on the central bank’s latest estimate that mortgage fixations worth an average of CZK 534 billion per year will expire between 2026 and 2028, we present alternative interest-rate shock scenarios depending on the path of mortgage rates. In 2027–2028, the negative interest-rate shock is expected to ease to 0.1–0.6 percentage points, down from 1.1–1.4 percentage points this year. However, we also outline a more adverse scenario involving a stronger interest-rate shock. This year, the negative interest-rate shock affecting expiring mortgage fixations from the low-rate period will amount to roughly 3.5% of the average household income of mortgage applicants, although across all households the average impact will be about half that level. In both cases, the expected real growth in wages and salaries should be sufficient to offset the shock.

CBA Hypomonitor: March continued with a temporary boom in mortgages, thanks to a lower rate of 4.43%.
Jaromír Šindel 16. 04. 2026

The average amount of a new mortgage exceeded CZK 4.8 million

CBA Hypomonitor: February continued with a temporary boom in mortgages, at a rate of 4.46%.
Jaromír Šindel 13. 03. 2026

February ranked among the five strongest mortgage months ever in terms of volume in billions of crowns, but also with a continued strong number of new mortgage originations.

CNB tightens conditions for investment mortgages: 9% impact or necessary redistribution of demand?
27. 11. 2025

Comment by Jaromír Šindel, Chief Economist of the CBA: The Central Bank, through stricter requirements in the form of recommendations for investment mortgages, has decided to make a modest effort to correct mortgage demand on the real estate market, which remains very tight in terms of prices, mainly due to the supply side - see the drop in building permits.

CBA Hypomonitor: Lower June rate to 4.56% brought a recovery in new mortgages
15. 07. 2025

In June 2025, banks and building societies granted new mortgages worth CZK 29.4 billion.

CBA Hypomonitor: April stabilized strong mortgage rates at 4.65%
16. 05. 2025

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%.

CBA Hypomonitor: Spring mortgage boom with a slight drop in interest rates
14. 04. 2025

March continued to see strong new mortgage volumes supported by another slight fall in the average rate to 4.68%

18. 01. 2024

Interview with Jakub Seidler, Chief Economist of the Czech Banking Association