Prague development market in March and April 2018


From the perspective of their contribution to Prague’s housing market, the third and fourth months of 2018 were completely different in nature. March continued to show an increased supply of new apartments, with the first quarter ending off with the best performance in the past five years: 1,799 new apartments. However, this positive trend was discontinued in April and, with 270 apartments placed on the market, it had been the worst April in five years. Overall, during the first four months of the year, 2,069 new apartments were added to the market, which has been the greatest number since 2015, yet the increase has significantly diminished.

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