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On sustainable urban development - mapping real estate trends across economically differentiated regions

Hromada Eduard, Čermáková Klára, Kureková Lucie, Kadeřábková Božena

Economics and Environment

2025

No. 1

art. no. 859

This study examines property price trends in Czech cities (2018-2023) with more than 40,000 inhabitants using EVAL software, focusing on changes from 2018 to 2023. The methodology involves automated data collection from property listings, which are analysed to shed light on market dynamics and investment returns. The results show significant price increases, particularly in economically weaker cities, with variations influenced by economic and demographic factors. In this analysis, the environmental sustainability of urban development was additionally considered, highlighting the need for integrating sustainable practices into future urban growth. Practical implications include insights for policymakers and investors regarding the sustainability of urban property markets. Social implications reflect the ethical concerns of investment strategies that exploit economic disparities. The originality of the study lies in the use of advanced software to provide granular micro-level analysis within the Czech real estate market, providing valuable insights into localised economic impacts and investment opportunities.