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The Warsaw Voice » Other » January 8, 2018
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New sales record in apartments business
January 8, 2018   
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Polish developers are expected to have sold over 60,000 apartments in Poland's five biggest cities in 2017, the most in the segment's history, real estate consultancy Emmerson Group's board member Jaroslaw Skoczen tells the daily Puls Biznesu of his firm's estimates.
Apartment sales are fueled, among other things, by investments in properties for rent, perceived as an attractive and stable alternative to long-term bank deposits, Metrohouse Franchise's real estate market analyst Marcin Janczuk comments.
In 2018, Polish developers may beat a sales record for the fifth year in a row due to favorable market environment, with low interest rates, sustained economic growth, falling unemployment and rising wages seen as the most important factors supporting the business, Jaroslaw Jedrzynski from the real estate market website RynekPierwotny. pl observes.
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