A bubble worth bursting?

Demand definitely exceeded supply and money from the West started to flow in, contributing to soaring prices for apartments. Comparing the y-o-y price increase for one square meter in different cities, the biggest change was seen in Wroclaw where prices increased by 74%. The average increase, nationwide, was 60%. However, Warsaw's Wlochy district saw a staggering 103% increase in per-square-meter price, while prices rose by 92% and 61% in the city center and Mokotów, respectively. The price of flats in areas along the metro also increased sharply. Investors on the primary market saw profits in just a few months and the most profitable investments included Marina Mokotów in Warsaw, Olbrachta in Kraków and Miasto Przyszlosci I in Wroclaw. (Puls Biznesu, p.5) M.M.