Housing in Poland starts to become cheaper

Flat prices in Poland have started to fall in a response to lower demand. According to the latest analysis of flats for sale on Morizon.pl and Gratka.pl, the market has entered a correction phase. For the second month in a row, the flat price index - an indicator of price dynamics in the Polish housing market - has recorded a decline.

The Morizon's expert stresses that sellers have reacted to weakening demand caused by reduced credit availability.