15,600 apartments sold in Q2 - REAS

In Q2 15,400 apartments were added to the offer in  Poland’s top six markets (Warsaw, Kraków, Wrocław, the Tri-City, Poznań and Łódź), 11.7 percent less y/y. The number of sold apartments amounted to 15,600, 11 percent less versus a year ago, REAS stated in the report. The offer size at the end of the second quarter was 44,400 apartments, about 0.6 percent less quarter-on-quarter, and 11.4 percent less y/y. The average price of an apartment offered for sale grew by 12.3 percent on the quarterly basis and by 14 percent on the yearly basis. The average price of a sold apartment was 4.2 percent higher quarter-on-quarter and 6.9 percent higher y/y.