The urban.one index illustrating price changes, developed by Cenatorium for “Puls Biznesu” and Bankier.pl, increased in September nationwide by 0.45 points compared to August and reached 117.52 points, the daily reports.
As “PB” points out, an increase was also recorded in Warsaw (by 0.38 points) and other metropolises (by 0.71 points). The index for building plot prices also went up – by 0.41 points.
See also: Do developers show apartment prices? We are checking
The newspaper also notes, citing Otodom, that in September developers contracted 4.4 thousand in the seven largest markets. premises. This is one quarter more than in August. In October, they contracted 4,000. apartments. Although this is a result of 9 percent. lower than September, then by as much as 27 percent better than last year.
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There is still no shortage of apartments
According to Otodom's analysis, the number of apartments on offer is still very high. In the seven largest markets it reaches as many as 62.1 thousand. premises. After adding reserved apartments, i.e. those that were neither sold nor available on offer at the time of completion of the study, a potential buyer has over 68,500 apartments to choose from. real estate – we read in “PB”.
As we wrote in Business Insider Polska a few days ago, the real estate market in Poland is currently entering a new phase. This is all due to changes in the labor market, which are usually inextricably linked to what is happening in real estate.
See also: Unemployment is rising, wages are slowing down. The real estate market is entering a new cycle
What exactly is this about? For example, in theory, fewer job offers, lower pay raises and growing consumer caution may limit the demand for apartments – both purchased on credit and rented. On the other hand, lower construction costs and price stabilization may favor development investments, especially in the popular segment.
