Prague residential market: record pace continues into the new year
09. 02. 2026
The Prague market for new apartments and houses is continuing on from an exceptionally strong 2025, with high demand persisting at the start of the new year. At EBM Group, we have sold residential properties worth a total of CZK 126 million in the first few weeks of the year alone, which clearly shows that buyers are active and ready to make decisions without delay.
Strong demand is based on a combination of several factors. In addition to stable interest in home ownership, investment motivation also plays a significant role, with new apartments and houses serving as a long-term safe haven for capital. Prague remains attractive not only to domestic clients but also to investors seeking stability, liquidity, and protection against inflation.
However, the fundamental issue in the market is insufficient supply. The pace of permitting and preparation of new projects has long been insufficient to meet the real needs of the market. Combined with the fact that the volume of new construction is rather stagnant, this creates an environment where quality projects disappear from the market very quickly. This is logically reflected in prices, which for new buildings average close to CZK 175,000/m² and have a long-term upward trend.
Another significant factor is rising construction costs. Prices for construction work, materials, and technologies remain high, and new projects are entering the market with higher initial costs than in the past due to stricter technical, energy, and environmental requirements. This means that each new stage of construction is usually more expensive than the previous one, leaving no room for price reductions.
This development is confirmed across the market by other development companies. There is particular agreement that the combination of strong demand, limited supply, and high costs will continue to affect the prices of new housing in the coming years.
For buyers, the conclusion is clear: postponing a decision does not usually lead to better conditions. The supply of quality projects is limited, and new apartments and houses are coming onto the market at higher prices than before. If someone is considering buying a new home – whether for their own use or as an investment – the current period represents a rational and strategic moment to make a decision.
At EBM Group, we have long believed that high-quality residential projects in good locations have stable value and long-term growth potential. The development of the Prague residential market confirms this strategy and shows that a well-chosen property remains one of the safest investments today.
Share:
