If mortgages maintain the dynamics of the last three months, i.e. August to October, then in 2025 the volume of new mortgages without refinancing could reach CZK 319 billion, +40% compared to last year (and the annualized dynamics of this moment is then 8.2% higher compared to this year's potential volume). This is a slightly worse estimate than a month ago, but is above the average annualised estimate of the previous three months (CZK 310bn). This is accompanied by a slightly worse estimate of the number of new mortgages this year at 76.3k, which is nonetheless above the average estimate of the annual result from the previous three months (75k units). Hypomonitor's history since 2020 shows their lowest annual volume at 124 billion in 2023 and their highest volume at 379 billion in 2021.

CBA Hypomonitor

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

CBA Hypomonitor

annual

Number and volume of mortgages granted with refinancing and increase
Number and volume of new mortgages granted without refinancing and increases