Real estate
17:55 31 July 2024
Post by: WBJ

Housing Market Frenzy Eases: First Price Drop in a Year

Housing Market Frenzy Eases: First Price Drop in a Year
Source: Photo by Sunrise on Unsplash

The housing market in Poland has shown signs of cooling, with the first decrease in square meter prices recorded in over a year, according to 300Gospodarka. After a period of intense growth and escalating prices, the recent data suggests a stabilization. Analysts attribute this decline to a combination of increased supply, higher interest rates, and economic uncertainties impacting buyer demand.

"While the market remains robust, we are seeing a natural correction as prices adjust," a real estate expert said.

This shift may offer relief to prospective buyers who faced soaring costs in the past year.

(300gospodarka)

poland
prices
housing

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