Real estate Residential
17:12 2 April 2024
Post by: WBJ

Apartment prices on the secondary market increased the most in the capital in Q1

Apartment prices on the secondary market increased the most in the capital in Q1
Source: Pexels

In the first quarter of this year, apartment prices on the secondary market saw the highest increase in Warsaw, rising by 3.6%. The average price per square meter exceeded PLN 15,000. Conversely, prices decreased in Wrocław and Gdańsk by 3.5% and 1.6%, respectively. According to the Barometer Metrohouse and Credipass, Kraków and Łódź experienced slight increases in transaction prices. Kraków was noted as the most conservative city regarding price negotiations, with prices typically dropping by 0.5% during exposure in the market. Gdańsk's property owners tend to overvalue their homes, leading to an 8.8% reduction in expectations during sales negotiations.

The experts anticipate increased market activity in the second quarter, potentially driven by clearer terms for the new mortgage subsidy program.

Source: wnp.pl


More News

lifestyle

LifeStyle
2 months ago

'We work hard, we achieved what we have on our own, we are strong women, and we have our voice': Joanna Krupa

LifeStyle
2 months ago

Magdalena Lamparska: 'Viewers have come to enjoy watching movies at home'

LifeStyle
3 months ago

8th edition of the 4 Design Days in Katowice 25–28 January Everlasting design. Timeless architecture.

LifeStyle
3 months ago

Children's birth completely changed my perception of the world: actress Zuzanna Grabowska

Book of Lists

Book of Lists
3 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
4 years ago

25th jubilee edition of Book of Lists – project start