Tuesday, 10 November 2026
Residential property prices in Czechia continued to rise during the third quarter of 2026, although the pace of apartment price growth slowed compared with earlier periods. According to the latest ČSOB Housing Index, apartment prices increased by 9.3% year-on-year, while detached houses rose by 8.4% and residential building plots by 10.5%. All three categories reached their highest recorded index levels.
Apartment prices increased by 1.3% between July and September, compared with 2.4% in the preceding quarter. This marked the slowest quarterly increase in more than two years, following a period of sustained growth. The apartment price index reached 275.7 points, using the first quarter of 2010 as a base of 100.
Price developments varied considerably between regions. Apartment values remained broadly unchanged during the quarter in Central Bohemia and the Liberec Region, while the Zlín Region recorded an increase of 5.6% and Pardubice rose by 3.6%. Prague registered a more moderate quarterly increase of 0.7%, indicating a slower pace of price growth in the capital.
Demand remained concentrated on smaller apartments, particularly one-room and compact layouts in larger cities. Among properties purchased for investment purposes, two-room apartments continued to attract interest. The findings suggest that buyers remain sensitive to purchase prices and financing requirements, although demand differs according to location and property type.
Detached house prices increased by 2% quarter-on-quarter, slightly above the 1.9% recorded in the second quarter. The annual increase reached 8.4%, bringing the house price index to 256.7 points. Both the supply of houses and transaction activity increased modestly, according to ČSOB, while buyers continued to assess location, building condition and energy performance when considering purchases.
Residential land recorded the strongest annual price increase of the three property categories, rising by 10.5%. Prices advanced by 2.6% during the quarter, compared with 2.3% in the previous three months. The land price index reached 362.2 points, reflecting a substantial increase from its 2010 reference level.
The supply of residential plots declined by approximately 5% compared with the second quarter, according to the index. Demand was particularly evident for plots of up to 650 square metres near larger cities and in locations with established transport connections. Limited availability of suitable land remains a factor influencing development costs and the feasibility of new housing projects.
The latest figures come as mortgage financing costs continue to affect residential purchasing decisions. Although apartment price growth has moderated, the annual increases across all three property categories indicate that buying costs remain under pressure. The ČSOB data provide a measure of residential price movements, but do not establish how affordability has changed relative to household earnings or borrowing capacity.
Source: ČSOB Housing Index
