Krakow is 2nd favourite overseas city in newspaper poll

21-10-2008

Readers of the Guardian newspaper in Britain have voted Krakow their 2nd favourite overseas city in an annual survey. More than 17000 readers completed the questionnaire for the newspaper.

The winner last year was Hong Kong, but the city fell in the rankings this year to be replaced in the top spot by Sydney, Australia. The real surprise was Krakow, which jumped from a rank of ten last year to number two.

Top five: 1. Sydney 2. Krakow 3. San Francisco 4. Singapore 5. Vancouver

Situation on the residential property market in Poland

09-09-2008 Over the past few years, the companies which have been researching the residential property market in Poland have only presented average prices which are taken from the selling market, regardless of whether the apartments are sold or not.


This has not represented the true situation on the market, as it includes many overpriced apartments which will never sell. New research from the consultancy Rednet, however, has now compared three prices - the average price of apartments for sale in the selling offer (OFFER price), the average price of apartments actually sold (SOLD price), and the average price of apartments introduced in the primary market, those available from developers (DEVELOPER price). Some surprising results can be observed across Poland.