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Czechia House Price Index since 2008

Czech Republic

Source: Czech Statistical Office

Apartment prices in Prague, % change 1 yr

Nominal and inflation-adjusted ('real')

Czech Republic

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2023-7.63%-0.76%-0.34%0.74%
2022-1.5%-1.61%-2.46%-2.24%
20214.43%4.11%4.8%4%
2020-0.06%1.37%1.79%2.94%
20190.82%1.68%1.4%1.72%
20181.56%2.27%1.9%1.7%
20171.61%2.23%1.3%0.42%
20160.83%1.57%2.35%4.28%
20150.96%0.45%1.34%1.6%
20140.87%0.74%0.67%0.96%
2013-1.49%0.44%0.17%-0.15%
2012-2.91%-0.27%-0.22%-0.14%
2011-0.97%-0.11%-0.73%-1.35%
2010-1.45%-0.43%-0.39%0.25%
2009-3.39%-3.24%-0.25%-0.48%
20083.35%0.77%0.04%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.