Residential real estate prices in Warsaw in Q2 increased by 9.4%

The prices of Warsaw’s residential real estate grew by 9.4% in the second quarter, Knight Frank reported. This puts Warsaw on 72nd place in terms of price growth dynamics among the largest cities in the world. On average, prices grew by 11.7% in large cities globally.

Turkish cities stand out. Prices in Istanbul Ankara and Izmir grew by  184.9%, 165.4%, and 150.9% respectively fuelled by inflation and low supply caused by high prices of building materials.