Survey: Real estate market will cool down in Q3
14:34
According to a survey by Nieruchomosci-online.pl, over half of real estate agents expect property prices to either remain stable or decrease slightly in the third quarter of 2024. Specifically, 53% of agents predict that the prices of studio apartments will stay the same or drop moderately, while 47% anticipate increases. For larger apartments, 56% expect prices to hold steady or decline slightly, with 44% predicting price increases.
Despite the mixed price expectations, nearly 50% of agents foresee increased interest in properties. In July, there was a 17% rise in inquiries compared to June, suggesting a rebound in market activity.
The number of listings has been growing since early 2024, with forecasts indicating that this trend will continue, especially for larger apartments. 59% of agents expect an increase in the number of larger apartment listings, while 52% foresee more studio apartment listings.
