Apartment availability index The List of Reports uses data from the analytical company EMA data. Its aim is to monitor how the availability of flats continues not only in the Czech Republic as a whole, but also at the regional level. The index combines average real estate prices in individual regions and interest rates on mortgage loans.

During the calculation, the payment of an 80% mortgage for a 65 m flat is calculated2, which according to the Czech Statistical Office is the average size of a flat in the Czech Republic. The index calculates the average price per meter of a privately owned apartment, regardless of condition or material, the decisive period is the monthly moving average. Furthermore, the index consists of the average interest rate on mortgages with a maturity of 30 years.

the resulting calculation is measured against the initial value from the beginning of March 2020, when the index was set at level 1. The higher the value, the worse the apartments are available and, conversely, if the value is below level 1, their availability increases.

The index at the regional level shows how the availability of average dwellings is decreasing in individual regions. The most favorable value is traditionally provided in the Karlovy Vary region, where the index reached the level of 1 159. In other words, the availability of flats here is at least once compared to last March (about 16 percent). The second lowest value has long been recorded in Prague (currently 1,226, ie it fell by about 22.6 percent).

On the other hand, in six regions, Ústí nad Labem, Hradec Králové, Pardubice, Moravia-Silesia, Olomouc and, newly, South Moravia, availability has been declining by more than 50 percent since the beginning of index measurement. The “record holder” in this respect is Ústí nad Labem, where the availability of an average apartment in a year and a half has dropped by more than 75 percent.

As for the amount of installments, the capital is out of line here. The average monthly amount that Praguers will pay for the mortgage has already exceeded 25,000 crowns. deserved the South Moravian Region, which has already exceeded 17 thousand. On average, homeowners in the Central Bohemian Region spend more than 14,000 a month (14,577 crowns).

Only the Ústí nad Labem, Moravian-Silesian and Karlovy Vary regions are below 10,000. On average, at least – 6990 crowns – you pay for your own typical apartment in the Ústí nad Labem region per month. Here too, however, the amount of the installment is constantly rising.

According to the director of Maxima Reality, Vladimír Zuzák, the conditions for the construction of new flats and family houses in the Czech Republic are so badly set that demand will certainly exceed supply in the coming years, at least in larger cities, but also in the Central Bohemian and South Moravian regions.