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Deloitte Real Index: How do real prices of flats in the Czech Republic develop?

Company: Deloitte

Deloitte Real Index provides data about real prices of flats in Prague and regional cities. It collects data only from realised sales of flats which were registered in the Real Estate Cadastre in the form of purchase contracts. It compares results with the previous quarter and contrasts prices in the segments of new development, panel buildings and brick buildings.

April 2022

The average price of apartments in Prague and regional cities continued to rise at the end of 2021. In November and December, it increased by 4%, so buyers paid CZK 87,700 per square metre on average. The highest price increase – by 12.3% – was recorded in Zlín, where one square metre cost CZK 63,600. An increase of more than 10% was also observed in Ústí nad Labem (+11.4%) and Jihlava (+10.2%). On the contrary, prices decreased in Hradec Králové (-8%), Liberec (-5.7%), and slightly in Brno (-1.9%). The most expensive apartments were in Prague (CZK 113,500 per sqm) and in the Central Bohemian Region (CZK 77,100 per sqm). The lowest average price per square metre was observed in Ústí nad Labem (CZK 37,300), Karlovy Vary (CZK 41,400), and Ostrava (CZK 44,400).

Download the edition for Q4 2021 (PDF)


Tags: Finance | Real Estate |

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