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Fixed price reductions in Warsaw and Wroclaw. Developers have crossed the pain threshold

Fixed price reductions in Warsaw and Wroclaw.  Developers have crossed the pain threshold
  • Weighted to sell, the average apartment price in Poland’s 15 largest cities rose in August of this year. By 3.8 percent, however, it fell in Wroclaw by more than 4 percent, and also fell in Warsaw for the first time in more than three years.
  • Apart from these two cities, sales increased in only two compared to July
  • Perhaps the reason for the price drop is the increasing number of unsold apartments
  • Redirecting apartments from sale offers to the rental market turns out to be a way to solve the problem in many major cities
  • Here, the demand has increased this year due to the arrival of millions of refugees from Ukraine
  • More important information can be found on Onet homepage
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