Secondhand housing market - report

Prices of apartments in Poland were stable in January, according to the report published by Morizon.pl real estate website. Secondhand housing market was worth more year-on-year in such cities as: Gdańsk, Katowice and Gorzów Wielkopolski. Prices dropped in Kielce. Regarding to the rest of 14 cities analyzed by the website, prices increased maximally by 2.6 percent and fell by 1.4 percent y/y. Throughout recent five years, prices on the secondhand housing market declined by almost 8 percent (a square meter of an apartment was cheaper by a few hundred thousand zlotys).