Real Estate 2024 Recap & 2025 Outlook: Price Trends and Investment Insights

2024 was a fascinating year for European real estate, with notable activity in the Czech Republic — one of the region’s hotspots for deferred demand.

The Czech Banking Association reported a 10% rise in housing demand nationwide and a 20% increase in certain regions compared to the previous year. In Prague, the average time to sell an apartment dropped from 109 days to 84. Meanwhile, the average price of new apartments in the city grew by 1.4%, and rental apartment prices surged by 6%.

Analysts had predicted lower interest rates and rising property prices in 2024, highlighting positive trends in the rental market and promising opportunities for investors.

But how accurate were these forecasts? What actually happened in the real estate market in 2024, and what’s in store for 2025?

More details are in my annual digest. Read it on my website.