27th September 2011
Thursday, May 17th, 2012
Residential real estate values go down in Poland
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According to a report by oferty.net and information obtained from analysts at Open Finance, prices of residential real estate on Poland's secondary market went down in many cities in in August.
Values in Gdynia and Lublin decreased by about 2 percent compared to July levels, to zł.6,128 per sqm and zł.5,134 per sqm, respectively, Rzeczpospolita wrote. In Warsaw, prices also went down by 1.2 percent, reaching an average of zł.8,811 per sqm.
Poznań, on the other hand, noted a slight appreciation in residential housing values, with prices going up by 0.4 percent in August compared to July, to an average level of zł.5,779 per square meter.
From Warsaw Business Journal
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