Apartment prices in the largest Polish cities. Significant increases
In February, compared to January, prices increased in 13 out of 17 cities surveyed – according to a report by Expander and Rentier.io. The largest increases were recorded in Katowice. On an annual basis, the former capital of Poland is the leader.
The report by Expander and Rentier.io analyzed apartment prices in sales advertisements in 17 Polish cities. These are: Warsaw, Kraków, Wrocław, Katowice, Łódź, Poznań, Toruń, Rzeszów, Białystok, Gdańsk, Gdynia, Lublin, Szczecin, Bydgoszcz, Częstochowa, Radom and Sosnowiec.
Apartment prices in Poland. Where are the biggest increases?
The report shows that in February this year, prices quoted in new sales advertisements increased compared to January in 13 out of 17 cities. The largest increases were recorded in Katowice (+7.7%), Sosnowiec (+5.8%) and Rzeszów (+4.7%). Decreases occurred in four cities. This concerns Radom (-3.9%), Białystok (-3.7%), Szczecin (-0.6%) and Gdynia (-0.3%).
In annual terms, it is the largest, by almost 40%. the increase occurred in Krakow. The second place in this respect is taken by Katowice (+29% year on year). Warsaw closes the podium, with an increase of 28%. Every year.
The authors of the report point out that among the cities surveyed, there is not a single one where the average price was lower than a year ago. The lowest increase was recorded in Sosnowiec (+8% year on year).
It is not surprising that the highest average price per square meter occurs in Warsaw (PLN 16,906). The next places were taken by Kraków and Wrocław (PLN 15,652 and PLN 12,852, respectively). Just behind the podium was Gdańsk (PLN 12,800), and Gdynia (PLN 11,901) was in fifth place. Among the cities where the average price per square meter exceeds PLN 10,000. There is also Poznań (PLN 11,093).
Fewer ads
The authors of the document admit that they expected the number of published apartment sales advertisements to increase last month. However, this did not happen. In the 17 cities analyzed, 38,000 people visited the portals. unique (after removing duplicates), new ads. That's about 17 percent. less than in January. In their opinion, “the situation in terms of the number of advertisements looks like a temporary pause before further increases.” In the future – according to the authors of the report – the announced “Mieszkanie na start” program will be of key importance for the future. This will probably be the only factor that can restore greater demand this year.
