Flat prices continue falling

By Vladimír Kaláb | Hospodářské noviny |

17 June 2009

Flat prices are expected to fall significantly this year. They have continued to fall for the past six months but have not reached their lowest level yet.

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Translated with permission by the Prague Daily Monitor.

Comments

Submitted by berryl on June 25, 2009 - 09:16.

Those who bought a flat in Poland in 2008 must be kicking themselves. A recent report by the real estate website oferty.net revealed that as of May 2009, flat prices throughout have returned to the levels they were in the beginning of 2007 or even late 2006. Even transaction fees have dropped to pre-2008 levels, making the whole process of purchasing a flat much more affordable.

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