Prague Residential Market Q1 2024
Below we have prepared an up-to-date overview of the Prague residential market for Q3 2023 and Q1 2024.
Summary of current data:
- Property asking prices have rebounded from the bottom and are rising again. The decline in interest rates has brought an immediate response from buyers.
- Supply and sales in the premium segment are driven by the largest exclusive apartments, both in new projects and in secondary resale.
- Compared to the previous six months, the volume of mortgages provided increased by a quarter in the period from October 2023 to March 2024.
- Built-to-rent projects are an attractive investment product.
We hope you find the information in this report useful. You can download the full report below.
