15:24 25 October 2019
Demand for new apartments up 6.3% in Q3 – JLL
Developers active in the six largest residential markets in Poland – Warsaw, Kraków, Wrocław, the Tri-city, Poznań and Łódź – sold a total of 16,100 apartments in the third quarter of this year, which represents a 6.3% increase q/q, according to the latest report by JLL. The sales results for the last four quarters (64,200 units) are admittedly down 4.5% compared to Q3 2018, but the value of the market is not decreasing as home prices continue to go up. By and large, buyers seem to have accepted the growth in prices and developers do not expect a serious deterioration of the market situation in the next two years, JLL experts wrote in the report.
(Warsaw Business Journal)
