Analýza vývoje hypotečního trhu v ČR

The diploma thesis focuses on the development of the mortgage market from the beginning of the Financial Crisis in 2008 to the present with an emphasis on the Coronavirus Crisis and its current impact on the real estate market. The first chapter deals with the main macroeconomic indicators such as interest rates, inflation and gross domestic product which are important for understanding the whole issue of the thesis. Chapter 2 focuses on the analysis of the development of the domestic mortgage market, which gradually leads to the most important part of the thesis, namely the development of the mortgage market during the Coronavirus Crisis. This chapter first describes the development of a pandemic in the Czech Republic, namely three pandemic waves. Subsequently in the Chapter 3 is analysed the mortgage market in detail during the years 2020, 2021 and the first quarter of 2022 with emphasis on current events. Subchapter 3.3 links the relationship between the mortgage and real estate markets, where a very strong correlation can be observed between the development of real estate prices and the average amount of a mortgage loan. The last chapter sets out the regulatory framework at the central bank level. It describes how the Czech National Bank takes care of the stability of the banking sector during and outside the crisis, and what indicators and tools is used to achieve its goal.