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Commentaries and analyses

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Residential Market in Poland - Q4 2011

According to the latest REAS' report, 2011 was a year of stable sales and, as compared to 2010, brought a growing number of transactions in the primary residential market. At the same time, the gradually decreasing number of new projects launched by developers translated into a stabilized offer in the second half of the year.

REAS prepares periodical reports regarding markets in Warsaw, Kraków, Łódź, Poznań, Wrocław and Tri-City.The latest edition includes data gathered in the process of monitoring of investments as of the end of Q4 2011.

>> Download "Residential Market in Poland - Q4.2011"
Residential Market in Poland - Q3 2011

According to the latest REAS' report, the summer quarter brought about a minor decrease of both sales and the number of newly launched residential units. Despite, the number of transactions within the last 12 months reached a record-high level since the boom. The most significant event of this quarter was passing of the developer bill, which will strongly influence the sector in the nearest future.

REAS prepares periodical reports regarding markets in Warsaw, Kraków, Łódź, Poznań, Wrocław and Tri-City.The latest edition includes data gathered in the process of monitoring of investments as of the end of Q3 2011.

>> Download "Residential Market in Poland - Q3.2011"
The Polish Real Estate Market - a joint report by PwC and REAS

The report "The Polish Real Estate Market 2011" by PwC and REAS summarizes the situation in the real estate market in Poland in 2010 and early 2011, along with a detailed analysis of the market segments as well as legal and tax considerations. In addition, the report presents opinions and analysis of experts and their predictions for future market trends.

Residential Market in Poland - Q2 2011

According to the latest REAS' report, despite a surplus of supply over demand developers continue to launch many new projects. With stable sales and growing offer the market is becoming increasingly competitive.

REAS prepares periodical reports regarding markets in Warsaw, Kraków, Łódź, Poznań, Wrocław and Tri-City.The latest edition includes data gathered in the process of monitoring of investments as of the end of Q2 2011.

>> Download "Residential Market in Poland - Q2.2011"
Holiday Home Market in Poland, June 2011

The crisis did not leave the holiday home market untouched and led to a decrease of number of completions to roughly 2,500 units in 2010. Also the average presale level for projects planned for completion in 2012 is low and at present is still below 20%.


>> Download "Holiday Home Market in Poland - June 2011"

Residential Market in Poland - Q1 2011

According to the latest REAS' report, sales of new apartments in the first quarter of 2011 maintained an upward trend.

REAS prepares periodical reports regarding markets in Warsaw, Kraków, Łódź, Poznań, Wrocław and Tri-City.The latest edition includes data gathered in the process of monitoring of investments as of the end of Q1 2011.

>> Download "Residential Market in Poland - Q1.2011"
Residential Markets in Central European Capitals, 2011

REAS, in cooperation with the Polish Association of Developers from 2010 surveys development of the primary residential market in Poland. The brochure presents a summary of the results of two surveys conducted in June and December 2010.
>> Download "Development of the Primary Residential Market in Poland in 2011" (English version available soon)"
Residential Markets in Central European Capitals, 2011

The latest edition of our annual report on the residential markets of twelve Central European capitals has been traditionally launched during MIPIM. The condition and course of development of the residential markets in the countries of Central and Eastern Europe differed greatly during 2010. There is an apparent gap between attractive and less attractive markets, which is likely to widen in 2011. Poland’s largest cities and the Czech capital city of Prague proved to be the best performing housing markets during 2010 and their market outlook for 2011 is also promising.

>> Download "Residential Markets in Central European Capitals, 2011"
Residential Market in Prague, Q1 2011

REAS' monitoring of the residential market in Prague in Q1 2011 indicates that the market has begun to recover from the crisis. However, a large share of ready, yet unsold apartments in the offer and a potential increase in VAT could cloud the market.

>> Download "Residential Markets in Prague, Q1.2011"

Residential Market in Poland - Q4 2010

Sales in the last quarter of 2010 were the highest for the last three years, while the whole year was for the residential developers a period of return to normality after the crisis of 2009.

REAS prepares periodical reports regarding markets in Warsaw, Kraków, Łódź, Poznań, Wrocław and Tri-City.The latest edition includes data gathered in the process of monitoring of investments as of the end of Q4 2010.

>> Download the report "Residential Market in Poland - Q4 2010"

Residential Market in Poland - Q3 2010

Despite the holiday period, Q3 sales of new residential units slightly increased while the prices stabilized.

REAS prepares periodical data regarding markets in Warsaw, Kraków, Łódź, Poznań, Wrocław and Tri-City.The latest edition includes data gathered in the process of monitoring of investments planned and realized in Q1-Q3 2010

>> Download the report "Residential market in Poland - 09.2010"

Business and risk on the mortgage market in the perspective of year 2014

Sales of housing loans in 2010 shall reach the level of 40-50 billion PLN. Despite the periodic perturbation on mortgage market the upward trend will continue for at least the next few years. Such conclusions, among others, can be drawn from the latest report prepared by the Gdansk Institute for Market Economics in cooperation with REAS.

Download the synthesis report (in Polish only)- "Business and risk on the mortgage market in the perspective of year 2014”

The Polish Real Estate Market
"The Polish Real Estate Market 2008" (March 2008) prepared by PricewaterhouseCoopers in co-operation with REAS (residential market) and Clifford Chance (legal issues)