Svoboda
& Williams
Market Report
Svoboda & Williams
The Svoboda & Williams Market Report bianually analyzes new developments in the premium segment of Prague's residential real estate market. The published data is based on achieved prices rather than listed prices. In order to arrive at a clearer interpretation of the development of the rental market, Svoboda & Williams utilized The Rental Price Index of S&W + VŠE analytical tool, developed in cooperation with the Faculty of Informatics and Statistics of the University of Economics in Prague.
- Market Report
Q2 2023
Welcome to a beautiful new world. No, we are not suggesting that this summer we’ll be experiencing the dystopian society that Aldous Huxley masterfully depicted in his book written nearly a century ago. We are only adapting the title of his most famous work to describe the current state of the real estate market, which, after months of stagnation, is coming to life again. - Market Report
Q1 2023
Spring, as usual, generally brings optimism and new hope in our lives. This year, however, in addition to surprising temperatures, we experienced a tide of pessimism, which raised interest rates around the world to unprecedented levels. In this economic environment, it’s only a matter of time before cracks begin to appear, such as the bankruptcy of three mid-sized American banks in March… - Market Report
Q4 2022
A difficult year is now behind us. We experienced economic troubles caused by the energy crisis, the central bank grappled with runaway inflation (over 15% in the last two quarters) compounded by soaring housing costs, and the Czech economy eventually fell into recession, all of which are factors that have a significant impact on the real estate market. - Market Report
Q3 2022
Falling demand, a stagnant market, and a slight correc- tion in sold property prices—these are the key trends of the Prague residential market in recent months. After years of growth, the real estate business has been stagnant this year. While at the beginning of the summer the year-on-year increase in property prices in the segment that Svoboda & Williams has been monitoring for a long … - Market Report
H1 2022
Our struggle against the pandemic, which has cast a pall over our lives for the last two years, is (hopefully) at an end, but can we really breathe a sigh of relief? A shock- ing war broke out in Ukraine in 2022, throwing the world's economy into a state of nervousness and impacting the real estate market. Last year, business rode out the post-covid wave of inflation, sparked in part by … - Market Report
H2 2021
The following analysis is based on data obtained from the database of properties that Svoboda & Williams had in its portfolio in the course of the monitored period. The data concerning sales transactions is further supplemented by data about the sale of properties that correspond in terms of their parameters to the portfolio of Svoboda & Williams: in this case the prices are acquired f… - Market Report
H1 2021
Our previous Market Report already touched on the fact that quality properties have become a highly sought-after investment asset, a situation that has continued this year as well. Capital appreciation has always played an important role in the world of premium real estate, but investors have also been driven by rental yields, which hovered around 3.5%, excluding leverage. Today, however… - Market Report & Rental Index
H2 2020
As we welcome the year 2021, it’s time to look back and take stock of all that transpired in 2020. With great relief, we’re happy to affirm that the residential real estate segment has weathered the last 12 months in top economic form, despite the dire forecasts of the future last February, when we stood on the precipice of a grave economic crisis. - Market Report & Rental Index
H1 2020
Despite the early warnings from China, at the beginning of the year 2020 the outbreak of the coronavirus pandemic was something that nobody could predict would unfold the way it eventually did. The economy ground to a halt, the stock market crashed, governments adopted emergency measures that seemed almost like martial law, and anyone making projections of future developments might as we… - Market Report & Rental Index
H2 2019
At first glance, it may seem that the Prague residential market is currently behaving contrary to the projections of the Czech National Bank (CNB). This is true in particular in relation to the central bank’s restrictive mortgage measures. Its goal was first to protect banks from the potential influx of risky, i.e. non-performing mortgage loans (in the event that the Czech economy would … - Market Report & Rental Index
H1 2019
In recent years, the housing crisis, or rather the housing construction crisis has been a frequent topic of public and private discussions. Again and again, the same numbers are being repeated. On the one hand, they illustrate the slow tempo of new construction, and on the other the rapid rise in housing costs. This has led to the limited availability of housing, i.e. the ability of aver… - Market Report & Rental Index
H2 2018
While we were in the process of preparing this year’s Market Report we found ourselves in a slightly paradoxical situation. Our data from the second half of 2018 indicated that the demand for properties for sale was cooling and that the achieved price per m2 had decreased a little (for new apartments -1%, for resale apartments -3%). After the Christmas holidays, our telephones began ring…
