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Has anyone done any recent property reports/studies of cracow property market

posts: 3

mulsieThreads: 3 Posts: 13 Joined: Mar 26, 10 ♂	Edited by: Moderator Apr 21, 10, 21:07 #1
Has there been any recent property reports on Cracow

♂

Apr 22, 10, 08:52 #2

There are a number of recent / fairly recent reports out there:

Ober Haus - available on their Polish website
RedNet
Szybko

The Sybko reports are fairly objective, but are not available in English. I'm not sure how wide their statistical base is. The other 2 reports always include a bit of pro market hype. They are interesting reads, but I'm not sure if there is much neutral value to them.

What information are you looking for?

♀

Edited by: polsky May 3, 10, 19:28 #3

Any report made by a real estate agency, at any month, any time of any year, will always have the same "conclusion":

"Now it is the best time to buy a property blablabla"

Because real estate agencies will go bankrupt if people would not be brainwashed
at buying all the time.

However, people are starting to use their own head, and prices of the highly bubble inflated real estate in Krakow are falling down crashing at a high speed.

Further fallings in prices are expected at a rate of between 30% and 60% before the end of 2011

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