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.
If you have any questions about the residency market, please contact:
Kateřina Poláková
Head of Residential
T +420 602 348 397
