Dom Development reports strong sales and a record number of units delivered

In 2023, Dom Development sold 3,906 net units, up 26 percent from 2022. In the fourth quarter of 2023, the Group sold 980 net units, up 18 percent y/y. Considering deliveries, the Group delivered 3,831 units, up from 2022. In the fourth quarter of 2023, the Group delivered Demand for apartments remained strong, with a growing share of purchases financed by mortgage loans. Prices continued to rise but at a slower pace than in previous quarters.

Dom Development is expanding its offer to meet growing demand.

“The future of the housing market in Poland will depend on the government's new homeownership program. If the program is successful, it could lead to more investment, higher sales, and more stable prices. However, even if the program is not successful, other factors, such as falling inflation and rising wages, could still support demand for housing,” Jarosław Szanajca, President of the Management Board of Dom Development, commented.

(WBJ)