Real estate
14:38 7 July 2022
Post by: WBJ

Apartments sales in 6 major cities fell by 50% in H1 - JLL

Apartments sales in 6 major cities fell by 50% in H1 - JLL
Source: Pixabay

The sale of apartments in the six largest Polish cities decreased in the first half of the year by 50% annually in terms of the number of transactions. In the second quarter, sales decreased by 11.5% quarter-on-quarter to 9,200 units. This is the worst result recorded since Q2 2020 when during the lockdown only 6,900 flats were bought

The decline in home sales significantly differed depending on the market. The biggest slowdown was recorded in Łódź and the Tri-City, where sales fell by 25% quarter-on-quarter. In Warsaw, the sales were 13% lower, and in Wrocław the decline was 9%. 

Clearly better results were recorded in Kraków, where the sales decreased by 2%. In Poznań, sales remained practically at the same level as in the period from January to March this year.

(ISB News)

apartment sales
real estate

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