Availability of new apartments for sale fell in October
19:39
Developers sold nearly 4,700 apartments across Poland’s seven largest housing markets in October, up 7% m/m, according to Tabelaofert. They introduced nearly 3,000 units, down from 5,600 in September, leaving 68,500 available at month-end, a 2.3% m/m decline. Supply fell in all seven markets, with Wrocław recording the largest drop, at 4%. Nearly 20,000 completed apartments remained available, representing 29% of supply and 38% of sales.
The average asking price rose 0.4% m/m to PLN 16,286 per square meter, up 3.4% since the start of the year. Tabelaofert cautioned that October’s sales strength may not continue through November and December.