DM Navigator: Catalyst-listed developers’ sales up 4.7% y/y in Q3

Developers listed on the Catalyst market increased their sales by 4.7% y/y in Q3 2019, to 4,806 units, according to a report prepared by DM Navigator. Analysts estimate that the weaker sales recorded in the Q1-Q3 period (13,977 apartments, down 5.4% y/y) were most strongly affected by the reduced offer at the beginning of the year.

“There is still a high demand for apartments, especially among those buying homes for their own purposes.