Analysis
Deloitte Real Index
How do real prices of flats in the Czech Republic develop?
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.
Q1 2023 | released: July 2023
- Overall price growth rate: -1,2% (92 200 CZK per sqm)
- Fastest price growth: Zlín, +4,8% (65 500 CZK per sqm)
- Biggest price decrease: Liberec, -15,6% (60 000 CZK per sqm)
- Highest average price: Prague, 116 800 CZK per sqm
- Lowest average price: Ústí nad Labem, 34 100 CZK per sq
Q4 2022 | released: March 2023
- Overall price growth rate: -2,0% (93 300 CZK per sqm)
- Fastest price growth: Liberec, +10,3% (71 100 CZK per sqm)
- Biggest price decrease: Hradec Králové, -9,4% (70 500 CZK per sqm)
- Highest average price: Prague, 116 600 CZK per sqm
- Lowest average price: Ústí nad Labem, 32 700 CZK per sqm
Q3 2022 | released: February 2023
- Overall price growth rate: +2.3% (95 200 CZK per sqm)
- Fastest price growth: Karlovy Vary, +14.8% (52 500 CZK per sqm)
- Biggest price decrease: Ústí nad Labem, -10.2% (36 100 CZK per sqm)
- Highest average price: Prague, 119 500 CZK per sqm
- Lowest average price: Ústí nad Labem, 36 100 CZK per sqm
Q2 2022 | released: November 2022
Prices of apartments in the Czech Republic continued to rise in the second quarter of 2022. In the measured period, the average price per square metre increased by 2.9% to CZK 93,100. Only Hradec Králové recorded a price decline of 10% to CZK 68,500 per sqm. On the other hand, the prices of apartments in Ústí nad Labem increased the most (by 10% to CZK 40,200 per sqm), even though it is the regional city with the cheapest apartments in the Czech Republic. The city where buyers paid the most for a new apartment was Prague, where the price rose by 3.8% to CZK 122,900 per sqm.
