Prague development market in July and August 2017


The summer months brought about an unexpected supply that equalled the supply of March and April. With 1,001 new apartments placed on the market, the number of available apartments on the market saw a considerable increase after quite some time. Their number increased from 3,996 apartments as of 1 July 2017 to 4,324 apartments as of 1 September 2017. The number was up by 328 available apartments, which is an increase of more than 8%. The number of non-residential units in residential projects decreased from 113 units to 108 units and the supply of detached houses decreased from 315 houses to 305 houses.

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