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Czechia National House Price Index: Purchases of Dwellings

Czech Republic

Source: Czech Statistical Office

Property prices in Prague, % change 1 yr

Nominal and inflation-adjusted ('real')

Czech Republic

Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
2024-0.52%1.84%1.64%2.34%
2023-7.63%-0.76%-0.34%0.74%
2022-1.50%-1.61%-2.46%-2.24%
20214.43%4.11%4.80%4.00%
2020-0.06%1.37%1.79%2.94%
20190.82%1.68%1.40%1.72%
20181.56%2.27%1.90%1.70%
20171.61%2.23%1.30%0.42%
20160.83%1.57%2.35%4.28%
20150.96%0.45%1.34%1.60%
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.


Yearly change in house prices, nominal and inflation-adjusted

YearInflation AdjustedNominal Change
20245.39%8.43%
2023-7.98%-1.03%
2022-7.58%6.93%
202118.50%25.77%
20206.16%8.95%
20195.74%8.93%
20187.65%9.89%
20175.67%8.42%
20169.30%10.91%
20154.42%4.52%
20143.28%3.73%
2013-1.04%0.11%
2012-3.51%-0.74%
2011-3.13%-0.84%
2010-2.00%0.00%
2009-7.19%-6.76%

The yearly changes table looks at the last quarter's/month's index values for a given year and compares it with the same quarter/month of the previous year to gauge the change in house prices during that given year.


House prices in Czech Republic compared to the rest of the continent

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