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Czech Real Estate Market in a Turbulent Period 2018–2024: Market Dynamics, Structural Constraints, and Policy Implications Cover

Czech Real Estate Market in a Turbulent Period 2018–2024: Market Dynamics, Structural Constraints, and Policy Implications

Open Access
|May 2026

Figures & Tables

Figure 1:

Median Prices of Apartments for Sale and Rent in Prague, 2018 – 2024 (CZK/m2). Data source: EVAL software

Figure 2:

Average Annual Rental Yield in Prague Compared to the Discount Rate of the Czech National Bank, 2018 – 2024 (%) Data source: EVAL software

Figure 3:

Regression Analysis of the Impact of Apartment Sale Prices on Rental Prices in Czech Municipalities in 2024 (CZK/m2). Data source: EVAL software

Figure 4:

Average Apartment Sale Prices: Top 10 Cities with Highest and Lowest Prices (2024). (CZK/m2). Data source: EVAL software

Figure 5:

Average Apartment Rental Prices: Top 10 Cities with Highest and Lowest Prices (2024). (CZK/m2). Data source: EVAL software

Figure 6:

Top 10 Least Affordable Districts by Housing Affordability Index (HAI), 2018–2024. (Years of salary) Data source: EVAL software

Figure 7:

Top 10 Most Affordable Districts by Housing Affordability Index (HAI), 2018–2024. (Years of salary). Data source: EVAL software

Figure 8:

Top 10 Least Affordable Districts by Rental Affordability Index (RAI), 2018–2024. (% of wage) Data source: EVAL software

Figure 9:

Top 10 Most Affordable Districts by Rental Affordability Index (RAI), 2018–2024. (% of wage) Data source: EVAL software

Figure 10:

Number of Residential Units by Room Type in the Czech Republic: 2018–2024. (Count of units) Data source: EVAL software

Figure 11:

Proportional Distribution of Apartment Sizes in Online Sale Listings in the Czech Republic, 2018 – 2024. (%) Data source: EVAL software

Number of Residential Units by Room Type in the Czech Republic: 2018–2024

Year1-room/1BR2-room/2BR3-room/3BR4-room/4BR5-room/5BRTotal
201832,40583,17581,52123,0983,699223,898
201927,94175,02674,73322,2633,747203,710
202022,71059,92262,18919,7983,533168,152
202116,28039,88341,46213,4122,425113,461
202230,98375,06572,52518,7932,757200,123
202338,87991,78187,57823,4563,147244,841
202428,74972,43872,39221,3793,182198,140
Total197,947497,290492,399142,19922,490

Year-over-Year Percentage Change in Number of Residential Units by Room Type (2018–2024)

Year1-room/1BR2-room/2BR3-room/3BR4-room/4BR5-room/5BRTotal
2018------
2019−13.78−9.80−8.33−3.621.30−9.02
2020−18.72−20.13−16.79−11.07−5.71−17.46
2021−28.31−33.44−33.33−32.26−31.36−32.52
202290.3188.2174.9240.1213.6976.38
202325.4822.2720.7624.8114.1522.35
2024−26.06−21.08−17.34−8.851.11−19.07
The Average Annual Change Rate (AACR)−3.42−3.96−3.70−3.22−3.54−3.70

Yearly Coefficients of Determination (R2) for the Impact of Apartment Sale on Rental Prices in Czech Municipalities

Year2018201920202021202220232024
Coefficient of Determination [R²]0.70160.69750.69720.68850.780.77080.8147
DOI: https://doi.org/10.2478/cee-2026-0108 | Journal eISSN: 2199-6512 | Journal ISSN: 1336-5835
Language: English
Submitted on: Feb 3, 2026
Accepted on: Feb 27, 2026
Published on: May 22, 2026
Published by: University of Žilina
In partnership with: Paradigm Publishing Services
Publication frequency: 4 issues per year

© 2026 Eduard Hromada, Klara Cermakova, Aleksandra Luczak, Slawomir Kalinowski, Bozena Kaderabkova, published by University of Žilina
This work is licensed under the Creative Commons Attribution 4.0 License.

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