01.09.2011 - Polish property prices expected to fall further!
Poland’s property market stagnated in the first quarter of 2011, despite strong economic growth and robust investment into the country. In Q1 2011, property prices slightly rose in Warsaw and Tri-City but declined in the rest of the country. Based on the latest figures released by REAS, in the year to end-Q1 2011: In Warsaw, the average price of ‘exposed’ units (i.e. already on the market, as opposed to newly-launched) rose slightly by 1.1% (-0.1% in real terms) to PLN 8,353 (€2,112) per sq. m..............................................Full Article: Source
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