Prague Residential Market
Below we have prepared an up-to-date overview of the Prague residential market for Q2 and Q3 2023.
Summary of current data:
Developer incentives have gotten the sales of new buildings moving. After more than a year, more new projects have appeared on the market.
The correction of housing prices has apparently hit bottom. The asking prices, however, are still favourable for the buyer.
The easing of CNB regulations stands behind up to a fifth of new mortgages.
Institutional rental housing is stabilising the housing situation in the Czech Republic.
We hope you find the information in this report useful.
You can download the full report below.
