June 8, 2023


Complete Canadian News World

Apartment prices in the fourth quarter of 2022 – data from the Central Bureau of Statistics

Compared to the corresponding period of 2021, residential building prices increased by 9.3%. (including the primary market – by 10.5% and the secondary market – by 8.3%).

This is how the quarterly changes in residential building prices look compared to 2015.

The rest of the article is under the video

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In Kujawsko-Pomorskie, Lubelskie, Lubelskie, Lodzkie, Wurmsko-Mazyurskie and Wielkopolskie counties, prices fell quarterly. The highest, as much as 2.9 percent. In the Kuyavian-Pomeranian province.

Prices rose the most (q/o) in Podkarpackie county (2.9 percent) and the county. Lower Silesia (2.4%).

On an annual basis, the lowest increase was recorded in the Kuyavian-Pomeranian Province (3.3%). Prices have risen more in the province. Opole (13.6%).

Apartment prices in the first half of 2023 may be slightly lower

Average transaction prices for apartments in the first half of 2023 will be lower than in the first half of 2022, according to PKO BP analysts. This includes the impact of lower incomes and problems on the credit market.

The negative pressure on the price level is expected to subside in the second half of 2023.When the market is more and more affected by the limited supply (currently, the number of constructions and the number of permits issued have begun to decrease dramatically), and at the same time, demand will slowly recover.

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