Real estate
8:58 4 December 2022
Post by: WBJ

Developers replenish stock

Developers replenish stock
Source: Otodom

Although sales in the primary market are still at the same level, developers are replenishing their offerings. Otodom Analytics data shows that in the seven largest markets they introduced 4,200 new units for sale in November. Additionally, the new investments are being introduced at similar prices to those a month ago.

The latest data presented by Otodom shows that sales of flats on the primary market in the seven largest cities (Warsaw, Krakow, the Tri-City, Wrocław, Poznań, Łódź and Katowice) remained stable at 3.3 thousand units in November 2022. On the other hand, there was a noticeable increase in introductions.

"The customers of developers are primarily buyers who use their funds to finance a purchase – whether for personal use or investment. According to Katarzyna Kuniewicz, head of residential market research at Otodom Analytics, the choice of a flat does not depend on its financial availability.

(WBJ)


real estate
otodom
katarzyna kuniewicz

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