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Real Estate Market Boom: Safe Credit 2% Program Driving Apartment Sales

“Again, there are cases when customers call and want to book an apartment without seeing it” – we read in the analysis of experts. As they add, this is largely due to the Safe Credit 2 percent program.

The market is so heated that several cities recorded all-time high prices in July. This happened in Białystok, Kraków, Lublin, Łódź, Sosnowiec, Toruń, Warsaw and Wrocław.

This is the cost of one meter of flat in the largest cities | expander

“In July, the real estate market experienced a boom similar to the one we remember from the times of ultra-low interest rates. Apartments sold like hotcakes mainly thanks to the Safe Credit 2% program. Within a month, over 18,000 loan applications were submitted, which in the vast majority of cases concerned the purchase Of course, such a pace cannot be maintained in the long term” – we read in the analysis of Expander and Rentier.io.

In a few cities, however, prices have fallen slightly recently. This was the case in Gdańsk, Gdynia, Bydgoszcz and Szczecin.

Currently, in five cities, prices per square meter exceed 10,000. zloty. Of course, the most expensive is in Warsaw, where the average price per square meter is currently PLN 14,200. zloty.

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2023-08-10 13:55:56
#Record #housing #prices #buy

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