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Poland: Slowdown on residential market

Posted on 30 November 2012

After a period of revival, the Polish residential market has started to feel the impact of the general economic slowdown. However, the downturn could well turn out be a time for some good deals on the property market.
A report by real estate services company REAS, which specializes in the residential market, shows that the number of new projects brought by developers onto the market in the third quarter of 2012 was much smaller than in the previous quarter, while the number of transactions stayed at a similar level. After 10 quarters of uninterrupted growth, the number of homes offered by developers dropped………………………………………..Full Article: Source


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