Monday, 19 January 2026
The Brno residential development market recorded one of its strongest years on record in 2025, with both sales volumes and prices increasing despite higher financing costs. According to data from Trikaya, a total of 1,405 newly built apartments were sold during the year, representing the highest annual figure since 2016 and exceeding the already strong performance of 2024.
Price growth remained steady throughout the year. In the fourth quarter of 2025, the average asking price for new apartments in Brno exceeded CZK 145,000 per sq m, reflecting a year-on-year increase of 11%. The market showed little sign of cooling towards the end of the year, underlining Brno’s position as a strong regional centre with sustained housing demand. In the final quarter, 322 apartments were sold, fewer than a year earlier, but insufficient to change the positive overall annual balance.
Demand during 2025 was uneven across the year and followed a clear seasonal pattern. February was the strongest month, with 186 apartments sold, the highest monthly result of the year. By contrast, August recorded the lowest activity, with 78 units sold, continuing the typical summer slowdown observed in previous years.
Average asking prices rose almost continuously over the course of the year. From January to December, prices per square metre increased by more than CZK 12,000, meaning buyers who postponed decisions faced significantly higher purchase prices by year-end. Asking prices climbed from CZK 133,600 per sq m in January to CZK 145,700 in December, while average transaction prices increased from around CZK 128,000 to nearly CZK 137,000 per sq m over the same period.
According to Trikaya, smaller units continued to dominate demand. Apartments with layouts of 1+kk and 2+kk accounted for almost 80% of all sales during the year, reflecting both affordability constraints and investor interest. Although overall price growth for transaction prices was more moderate, at around five percent year on year, analysts note that this may partly reflect the relatively fast expansion of supply in earlier periods.
Rising prices per square metre also translated into higher total purchase prices. In the fourth quarter of 2025, the average asking price of a new apartment in Brno reached CZK 8.86 million. This development was driven not only by price inflation but also by the structure of demand, as smaller apartments typically achieve higher prices per square metre than larger units.
Market performance in 2025 was closely linked to developments in the mortgage market. After several years of uncertainty, mortgage lending recovered, with banks and building societies providing the second-highest volume of home loans in the history of the Czech Republic. Buyers increasingly accepted higher interest rates as the new standard and focused more on long-term affordability, income stability and project quality rather than short-term rate movements.
Within the city, demand was strongest in Trnitá, where 65 apartments were sold in the fourth quarter alone. Bosonohy also recorded strong activity, with 49 units sold, while districts such as Staré Brno, Židenice and Husovice maintained stable demand, each recording around 30 sales. At the end of 2025, there were 46 active residential projects on the Brno market, led by Nová Zbrojovka, which recorded more than 100 sales over the year.
Looking ahead to 2026, analysts expect supply constraints to persist, largely due to inefficiencies in the permitting process, while demand is likely to remain resilient. Although sales volumes may soften slightly, market conditions are expected to continue favouring sellers rather than buyers. Mortgage rates are anticipated to stabilise around five percent, with no return to the era of cheap financing. Despite this, demand is not expected to decline significantly, as buyers remain concerned that property prices may rise faster than any potential savings from lower interest rates.
