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Czech Republic house prices: residential property index, secondhand flats, Prague (2010=100)

August, 29, 2020

Czech Republic, Prague

Apartment prices in Prague, Czech Republic. The Czech Statistical Office (CSO) publishes quarterly indices for both existing and new flats in Prague. The time-series started in 2009.

Apartment prices in Prague, % change 1 yr

Nominal and inflation-adjusted ('real')

Czech Republic, Prague

Source: Czech National Statistics Office


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20200.75
20190.821.681.41.72
20181.562.271.91.7
20171.612.231.30.42
20160.831.572.354.28
20150.960.451.341.6
20140.870.740.670.96
2013-1.490.440.17-0.15
2012-2.91-0.27-0.22-0.14
2011-0.97-0.11-0.73-1.35
2010-1.45-0.43-0.390.25
2009-3.39-3.24-0.25-0.48
20083.350.770.04

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.