Czech housing prices drive families to suburbs as supply stays tight

Rising prices in Prague have forced many families to seek more affordable homes in surrounding towns such as Kladno, Beroun, and Benešov, where new‑construction prices range from 80,000 to 120,000 CZK per square metre. In the second quarter, developers offered roughly 7,000 new apartments in Prague – the highest quarterly volume in a decade – but average prices rose to about 180,000 CZK per square metre, a rise of just over one percent from the previous quarter. Deloitte’s Petr Hána warned that “the market continues to show a growth trend, with limited supply unable to ease price pressure.”

Investment in Czech real estate surged, with investors spending 1.47 billion euros (≈35.5 billion CZK) in the first half of the year, a 121 % increase from the first quarter. Knight Frank’s Josef Karas noted that “stable market conditions and limited supply of quality assets create a strong environment for the second half.” Rental apartments accounted for 41 % of investment, while office buildings made up 35 %.

Together, high demand, modest new‑unit supply, and strong capital inflows keep the Czech housing market tight, prompting continued suburban migration and sustained price growth.