As data gathered by the company Emmerson Market Research Department show, the second quarter of 2012 is a period of developers’ increased activity on the Warsaw primary residential market.
During three months investors introduced into the market 59 new housing projects offering approximately 5 000 dwellings. The largest number of newly introduced apartments was recorded in Bialoleka, Targowek and Wola.
Thanks to the introduction of new supply total offer of the primary residential market in Warsaw reached its record-high level of 20 300 units, and taking into account dwellings booked – over 21 100. Due to the huge residential offer investors will be forced to offer competitive prices – especially in the case of dwellings of popular standard.
Source: http://www.property-magazine.eu/offers-on-the-warsaw-primary-residential-market-on-high-level-22224.html