Sales of new apartments in Prague have increased significantly this year, while the prices of the apartments on offer have stagnated

Right New Apartment Prague continues Growth, Developer In the second quarter of this year, they sold 1,500 apartmentThis is half the amount compared to the same period last year. YearMeanwhile, sales were the strongest in nearly seven years during the second quarter. let In addition to a record second quarter 2021. Price offered apartment This is according to a detailed analysis by Ekospol, a company that sells New Apartment Monitoring and selling in Prague data The market entity with the longest publishing time.

“Require New Apartment This year in Prague Increase. Sales in each quarter this year are the same as this year apartmentas for the entire first half of last year. Growth Caused by many factors. Central Bank end of last year Year Finally began to reduce Base Ratefollowed by commercial Bankeven so strongly. However Mortgage Rates Fall, leading to recovery Mortgage Market and the markets associated with it real estateThe return of affordable prices has also had a significant impact on the increase in buyer interest. apartment market. We started a project last year. Opinion Barrandov II and this year continued with the Ekocity Hostivař project, where we offered a price per square meter at the start of sales New Apartment Tens of thousands crown Below average for Prague. Thanks to this, we have her from the beginning building More than 80% sold apartment”, the CEO and Chairman of the Board commented on the sales statistics develop Ekospol Evzen Korec.

Throughout the process 2023 Sell Developer Prague has 3,650 New Apartmentwhich represents a year-on-year Increase 52%. Still, this is the second worst Year In the history of market monitoring. Expensive and unavailable Mortgage Uncertain economic situation affects Prague Residential The market is mainly 2022For the whole 2022 Developer They only sold 2,400 in Prague. New Apartmentwhich is the lowest in the past 20 years. letBy comparison: about the same sales as the second quarter, the strongest quarter to date. 2021Sales in the capital fell 63% last year compared with the same period last year.

Prices of new apartments In Offer Developer There was a slight decrease from the previous month. However, such a small change is more like price stagnation than price reduction. New Apartment Available in the price list Developer Now priced at 149,200 crownThis is compared with the first quarter of this year. Year 470 crown This confirms that cheaper products have reappeared on the market. apartmentCompared with the end of last year Year One square meter will come out New Apartment 1300 crown More. Compared with the second quarter of last year Year Buyer pays 1250 per square meter crown more.

Quantity Available apartment Still less than 5,000 boundary

For every sold Apartment It’s half past one now. apartment In Offer DeveloperBuyers thus have a relatively good choice and make a concrete decision Apartment He need not be too anxious. Currently, interested parties can choose from 4,860 available products. apartmentexactly 300 apartment More than three months ago.

“these years Year Marked by the return of affordability apartment Market. Cheapest item apartmentsuch as Ekocity Hostivař, are clearly dragging down the entire market and significantly affecting sales and price statistics. I expect this trend to continue as it becomes cheaper and more accessible Mortgage The second half also continued Year. This year Year We can get sales this way them Six thousand boundary”, said Judge Korec from Ekospol.