The National Bank of Poland has released a report on the country's real estate market in 2022, revealing significant growth. The total value of residential properties in Poland now stands at PLN 6.5 trillion, a 12% increase from the previous year. This growth is attributed to rising property prices, particularly in smaller towns where they surged by 13%, and an expansion in the number and size of available apartments.

Additionally, the report highlights that there are now 413 apartments available per thousand people. While the growth rate has slowed compared to 2021, when it was 15%, the real estate market remains robust, with the property's value equivalent to about 211% of Poland's GDP.

Source: 300gospodarka.pl


More News

lifestyle

LifeStyle
20 days ago

Moët Hennessy Poland Expands to a Chic New Headquarters in Warsaw

LifeStyle
1 month ago

Monika Miller Announces Plans for Future Wedding

LifeStyle
1 month ago

Bibliotherapy Can Be an Effective Educational Tool

LifeStyle
2 months ago

Miss Polonia Balances Beauty, Responsibility, and Academic Pursuits

Book of Lists

Book of Lists
3 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
4 years ago

25th jubilee edition of Book of Lists – project start