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.

October 2021

As well as in the first quarter of 2021, the sale prices of apartments grew in most regional cities in the Czech Republic in the second quarter of the year. Prices increased by approximately 3.0% to CZK 80,100 per sq. metre, the only exceptions being Jihlava (a decrease of 0.5% to CZK 46,000 per sq. metre) and České Budějovice (a decrease of 2.3% to CZK 54,400 per sq. metre). On the contrary, the highest rise was recorded in Zlín – by 23.1% to approximately CZK 57.700 per sq. metre. The most expensive apartments in the Czech residential market remain those in Prague with a price of CZK 105,700 per sq. metre. On the other hand, the cheapest apartments are in Ústí nad Labem for approximately CZK 27,700 per sq. metre. 

Download the edition for Q2 2021 (PDF)

June 2021

In the first quarter of 2021, the price of apartments in Prague and regional capitals grew by 5.3% on average to CZK 77,800 per sq. metre. The most significant price increase was recorded in České Budějovice, with an increase of 17.8% to CZK 55,700 per sq. metre. A major increase was also seen in Jihlava (of 11% to CZK 46,300 per sq. metre, and in Zlín (of 10.2% to CZK 46,900 per sq. metre). A mild decrease was recorded only in two regional capitals; prices fell by 0.4% in Pilsen (to CZK 52,000 per sq. metre) and in Pardubice (to CZK 49,800 per sq. metre). The most expensive apartments remain those in Prague with an average price of CZK 100,000 per sq. metre. In total, 7,164 apartments were sold in the Czech Republic in this period in the aggregate amount of CZK 34.3 billion.

Download the edition for Q1 2021 (PDF)

May 2021

In the fourth quarter of last year, the average price of apartments in Prague and regional capitals grew by 5.1% to CZK 73,800 per sq. metre. The most significant price increase was recorded in Karlovy Vary (by 16.4% to CZK 32,100 per sq. metre), Ústí nad Labem (by 9% to CZK 24,800 per sq. metre) and Ostrava (by 8.5% to CZK 32,100 per sq. metre). On the contrary, a decrease was recorded in Liberec (by 5% to CZK 46,300 per sq. metre), Zlín (by 4.5% to CZK 42,600 per sq. metre) and České Budějovice (by 4.3% to CZK 47,300 per sq. metre). The most expensive apartments remain those in Prague with an average price of CZK 98,100 per sq. metre. The least expensive regional capital is still Ústí nad Labem. 

Download the edition for Q4 2020 (PDF)

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