Prague Residential Market
7. 11. 2023
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.
Other tips
11/2024
Prague Office Market Q3 2024
In the last months of 2024, and especially in the coming year, the new supply of spaces will significantly decrease, which should contribute to a reduction in vacancy rates, which have slightly increased throughout the year.
11/2024
Prague Residential Market Q2 - Q3 2024
Report on the residential market developments in Q2 2024 to Q3 2024.
10/2024
Czech Investment Market Q3 2024
Although the investment volume was low in the third quarter, we expect a more significat increase in the final months of this year. We assume that some major transactions...
