Residential real estate prices in the Czech Republic rose by 10.06% year-over-year in the first quarter of 2026; adjusted for inflation, real growth stood at 8.33%, marking the highest rate since the 2021 housing boom, according to data from the Czech Statistical Office analyzed by Global Property Guide.
According to data from Ukraine’s largest international real estate agency, Homium, the nominal value of residential real estate in the Czech Republic has more than doubled over the past 11 years and is now 18% higher than the previous cyclical peak in the third quarter of 2022.
At the same time, the growth rates of the primary and secondary markets have virtually evened out. New housing prices rose by 10.01% over the year, while existing housing prices increased by 10.07%.
According to Homium, a company that deals in Czech real estate among other markets, price growth is being driven by a combination of limited supply of new housing and a recovery in mortgage demand. The company is also seeing particularly high interest in Prague and Brno, where the supply shortage is most pronounced.
“The Czech market is currently interesting because, following the 2022–2023 correction, it returned to growth fairly quickly. At the same time, buyers are becoming more price-sensitive, so demand is gradually shifting toward small apartments in Prague, outlying areas, and resale properties. For investment buyers, not only the potential appreciation of a property but also its liquidity in the rental market is becoming increasingly important,” Homium commented on the situation.
According to Homium, in May–June 2026, studio apartments and 1+kk apartments in central Prague were listed for approximately 248–414 thousand euros, in the capital’s outskirts for 186–269 thousand euros, and in Brno for 145–207 thousand euros. For 2+kk apartments, the price range was 331,000–580,000 euros, 248,000–373,000 euros, and 207,000–331,000 euros, respectively.
Prague remains the country’s most expensive market. According to data from the Global Property Guide, the average price of an apartment in the capital in 2025 was approximately 5,44 thousand euros per square meter, which was about 82% higher than the Czech average of approximately 3 thousand euros per square meter. In the Prague new-construction market, the average asking price reached about 7,310 euros per square meter, and in the most expensive district, Praha 1, it was about 10,850 euros per square meter.
Older residential properties remain more affordable. The average price of apartments in prefabricated buildings is estimated at approximately 2,94 thousand euros per square meter, while new housing from developers costs on average nearly twice as much—about 5,8 thousand euros per square meter.
Rapid price growth has already become a factor in the country’s monetary policy. On June 18, 2026, the Czech National Bank raised its key two-week repo rate by 0.25 percentage points to 3.75%. The regulator points to persistent inflationary pressures, including those stemming from housing and service costs.
In addition, in June, the CNB decided to increase the countercyclical capital buffer for banks from 1.25% to 1.5% starting in July 2027, citing active lending, rising household and corporate debt, and further increases in apartment prices as reasons for the decision.
The average gross yield on long-term residential leases in the Czech Republic in the second quarter of 2026 was 3.39% per annum. In the most expensive district, Prague 1, yields on individual apartments ranged from approximately 2.3% to 3.3%, while in more affordable areas of Prague, they could approach 4%.
Homium believes that, in the medium term, the main market drivers will remain limited construction rates, the cost of mortgage financing, and sustained demand for housing in major cities. At the same time, following the sharp growth of recent quarters, investors should evaluate the yield of a specific property more carefully, as purchase prices in Prague are rising faster than potential rental yields.
Homium has been operating in the international real estate market for over 10 years and offers properties in the Czech Republic, Spain, Turkey, Greece, Montenegro, Bulgaria, Croatia, Poland, and several other countries. In the Czech Republic, the majority of the properties listed by the company are concentrated in Prague and Karlovy Vary.
The primary source of price statistics is the Czech Statistical Office; the market analysis was published by Global Property Guide and updated in August 2026.
Source:
Global Property Guide – https://www.globalpropertyguide.com/europe/czech-republic/price-history
Homium – https://homium.ua/czech-republic/
CZECH REPUBLIC, housing. Homium, INVESTMENT, PRAGUE, REAL ESTATE
Czech capital was one of the most active sources of investment in the Central and Eastern European real estate market in the first half of 2026, according to a Colliers study.
The total volume of investments by Czech investors in the region is estimated at approximately 1.9 billion euros. The presence of Czech capital was particularly noticeable in Poland, the largest investment market in Central and Eastern Europe.
Investors from the Czech Republic accounted for 23.6% of all investments in Polish commercial real estate from January through June. Germany accounted for about 19%, Polish capital for 11.5%, U.S. capital for 10.6%, and Hungarian capital for 6.8%.
The Czech Republic itself, meanwhile, remained the second-largest market in the CEE-6. In the first half of the year, deals totaling over 1.4 billion euros were concluded there. This is less than the record 2.2 billion euros for the same period in 2025; however, according to Colliers’ assessment, the market remains one of the most stable in the region.
Yields on premium office properties in Prague are estimated at approximately 5.25%, on prime warehouse facilities at around 5%, and on shopping centers at around 6%. These are among the lowest capitalization rates among the largest markets in Central Europe, reflecting investors’ relatively high valuation of Czech assets.
The activity of Czech capital in neighboring countries is part of a broader trend. Colliers notes that in the Central and Eastern European (CEE) markets, the influence of not only global funds from the U.S. and Western Europe but also investors from Central Europe itself is growing.
This is gradually fostering the development of a distinct regional investment capital capable of sustaining transactions even during periods when major international funds adopt a more cautious approach toward the region.
Nova Post in the Czech Republic, part of the Nova Group, processed nearly 150,000 shipments from January through June 2026 and expanded its network to 45 service locations in 27 cities across the country, according to a company statement released on Thursday.
According to the Nova Post press release in the Czech Republic, the company paid 6.9 million Czech korunas in taxes, and its network now includes 29 branches of various formats and 16 parcel pickup points (PUDO).
It is noted that in the first six months of 2026, the company opened six new branches and two new PUDOs in the Czech Republic.
Nova Post noted that since June, users in the Czech Republic have had access to services such as one-hour door-to-door pickup, seven-day-a-week delivery, transportation of oversized and non-standard cargo, next-day delivery (IF-U) nationwide, and digital services for managing deliveries via smartphone.
The company noted that thanks to its partnership with the AlzaBox and OX Point networks of automated parcel lockers, users can send and receive packages through a network of over 3,500 parcel lockers nationwide.
“In a short time, we have built not only our own network in the Czech Republic but also one of Nova Post’s key operational centers in Europe. It is from here that we handle the sorting, customs clearance, and processing of international shipments,” said Andriy Artemenko, CEO of Nova Post in the Czech Republic, as quoted in the press release.
According to him, the next stage of development will involve installing 300 of its own parcel lockers in the Czech Republic’s largest cities by the end of the year, as well as opening another 20 branches and dozens of PUDO locations.
Among other things, Nova Post in the Czech Republic plans to strengthen its cooperation with Czech e-commerce companies, “so that even more online stores choose Nova Post as their logistics partner for deliveries within the Czech Republic, Europe, and worldwide,” Artemenko emphasized.
As reported in May, Nova Post has launched its own courier delivery service in the Czech Republic, which is already available in Prague and the Plzeň, South Moravian, Moravian-Silesian, and Karlovy Vary regions
Co-owner of the express delivery leader “Nova Poshta” Vyacheslav Klimov noted during the “Dialogues with NV” event dedicated to European integration that Nova Post Europe, part of the NOVA Group, plans to double its network of branches in Europe by 2026 and keep its strategic focus on ensuring the fastest possible delivery speeds.
CZECH REPUBLIC, DELIVERY, LOGISTICS, Nova Post, parcel locker
Nova Post is launching its own courier delivery service in the Czech Republic, which is already available in Prague and the Plzeň, South Moravian, Moravian-Silesian, and Karlovy Vary regions, according to a company statement released on Friday.
According to the company’s press release, Nova Post has introduced precise two-hour delivery time windows with mandatory advance notification. This service is available seven days a week.
The company explained that within city limits, a courier will pick up a package at the customer’s request within one to two hours or at a time convenient for the customer. Same-day pickup is available throughout the region provided the request is submitted by 10:00 a.m.
It is noted that within 24 hours, the package will be delivered to 16 cities in the Czech Republic, as well as to Bratislava, Milan, Warsaw, and Berlin. At the same time, delivery to Lviv will take two business days.
“Expanding coverage for our own courier delivery is part of Nova Post’s strategic development in the Czech Republic. We strive to make the service as fast as possible and tailored to the daily needs of our customers,” the press release quotes Andriy Artemenko, CEO of Nova Post in the Czech Republic.
According to him, provided the pilot is successful, the company plans to expand this service nationwide starting in June.
Nova Post also clarified that from now on, customers will not need to pack parcels for shipment from their address or via AlzaBox parcel lockers; the courier will be able to pack them independently.
“There is also no need to label the shipment: it is sufficient to mark the parcel number in any way, or the courier will do so during processing,” the statement reads.
Additionally, customers can pay for the service online, in cash, or by bank card via a POS terminal directly when handing over or receiving a package. For pickups at a parcel locker, payment is made through the Nova Post mobile app.
As reported, last year the NOVA Group handled 522 million shipments, 29 million of which were in Europe. The group, which currently ranks 30th globally in parcel volume among express delivery and postal services, aims to enter the top 20 by 2030 and increase the number of shipments to 2 billion.
Vyacheslav Klimov, co-owner of the leading express delivery company “Nova Poshta,” Vyacheslav Klimov noted at the “Dialogues with NV” event dedicated to European integration that Nova Post Europe, part of the NOVA Group, plans to double its network of branches in Europe by 2026 and keep its strategic focus on ensuring maximum delivery speed.
Nova Post in the Czech Republic plans to invest over 6 million Czech korunas (over $288,000 at the current exchange rate) this year in scaling up its logistics system, which will include 7-day-a-week delivery, next-day service, pickup within an hour, as well as delivery and pickup of oversized parcels, according to a company statement on Thursday.
“We are seeing rapid growth in demand for international logistics and a high level of trust, as evidenced by the year-over-year increase in shipment volumes. That is why we have partnered with the Czech division of UPS and now deliver to 187 additional countries and regions around the world,” Nova Post CEO in the Czech Republic Andriy Artemenko is quoted as saying in the release.
He noted that by the end of 2026, the company also plans to open 30 new branches and launch another 2,500 service points.
The company added that Nova Post in the Czech Republic currently handles customs clearance of shipments independently. In addition, the company has connected another network of 570 parcel lockers—OX Box—bringing the total number of delivery lockers to over 3,500: ALZA box, GLS, and OX Box.
As reported, last year the NOVA Group handled 522 million shipments, 29 million of which were in Europe. The group, which currently ranks 30th globally in parcel volume among express delivery and postal services, aims to enter the top 20 by 2030 and increase the number of shipments to 2 billion.
Co-owner of the leading express delivery company “Nova Poshta” Vyacheslav Klimov noted at the “Dialogues with NV” event dedicated to European integration that Nova Post Europe, part of the NOVA Group, plans to double its network of branches in Europe by 2026 and keep its strategy focused on ensuring maximum delivery speed.
The main activity of Nova Post, the NOVA Group’s primary asset, is the express delivery of documents, parcels, and palletized oversized cargo. Its ultimate beneficial owners are Volodymyr Poperechnyuk and Vyacheslav Klimov.
In July–March of the 2025–2026 marketing year (MY), Ukraine exported 48,300 tons of wheat flour, which is 3% less than in the same period of the previous season, when shipments totaled 49,800 tons, the Ukrainian Flour Millers Association reported on Facebook.
The industry association noted that EU countries accounted for about 35% of exports, although in the previous season the European market’s share was significantly higher, reaching 44%.
The top five consumers of Ukrainian flour for the first nine months of the 2025/26 marketing year included Moldova, which imported 14,900 tons, Palestine – 9.2 thousand tons, the Czech Republic – 7.4 thousand tons, Israel – 4.4 thousand tons, and Spain – 4.2 thousand tons.
“Flour Millers of Ukraine” also pointed to an increase in wheat flour imports to Ukraine. Thus, during the reporting period, nearly 2.3 thousand tons of the product were purchased on foreign markets, which is 21% higher than the figure for the same period last year, when 1.9 thousand tons were imported.
CZECH REPUBLIC, FLOUR, ISRAEL, MOLDOVA, PALESTINE, SPAIN, Ukrainian Flour Millers
