How many apartments were put into operation in the third quarter in Poland

How many apartments were put into operation in the third quarter in Poland

In the third quarter of 2023, 49.1 thousand apartments were put into operation in Poland, which is 15% less compared to the same quarter in 2022 and 13.5% less compared to the second quarter of 2023.

In the third quarter of 2023, building permits were issued for 62.4 thousand apartments, which represents an increase of 15.3% compared to the second quarter of 2023 and a decrease of 35.8% compared to the third quarter of 2022.

In the third quarter of 2023, building permits were issued for 62.4 thousand apartments, which represents an increase of 15.3% compared to the second quarter of 2023 and a decrease of 35.8% compared to the third quarter of 2022.

In the third quarter of 2023, construction began on 53.3 thousand apartments, which is 13.3% more compared to the second quarter of 2023 and less than 15.7% compared to the third quarter of 2022.

During this time, housing construction costs grew somewhat more strongly (quarter by quarter), i.e., materials, labor, equipment, which was associated with lower volumes of construction and installation production. There has been renewed interest in acquiring construction sites and their prices have increased. At the same time, there was an increase in rental rates per sq.m. apartments and more than in previous quarters, the average nominal transaction prices sq.m. increased. housing in the primary markets.