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2% secure loan Poles benefit, and “prices per meter continue to march upwards”

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The demand for apartments with government support is growing. More are sold per day than in the great 2021, and prices per meter continue to climb, writes “Puls Biznesu” on Tuesday.

“Puls Biznesu” informs that real estate market experts admit that the Safe Credit 2% program. he set off with a vengeance. According to the latest data from Otodom Analytics, in mid-July around 300 apartments were sold in the seven largest cities in Poland.

“Such results have not been reported even during the peak period of the record-breaking 2021 in terms of sales.” – marked.

They buy because they are afraid of rising prices

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– Some of the transactions were concluded by persons who do not use the Safe 2% loan, however, they decided to buy a flat for fear of rising prices. Another group are people who applied for support from the government program – some developers decided to postpone the date of the first payment until the loan is granted. In this case, the apartment has the status of sold. It is also worth noting that many buyers are people who could take advantage of a standard loan, but they apply for government support, hoping to get it – says Ewa Tęczak, an Otodom expert quoted in the article.

Housing estate under constructionAdobe Stock

The daily adds that the daily number of reservations is also a record – it is about 180. This is a harbinger of good August sales results – it was assessed.

Interest is growing week by week

Representatives of classifieds websites confirm that in the second week after the start of the government program the interest was even greater than in the first. Analysts from Rednet Property Group explain the growing wave by the shrinking of the offer of apartments and the increase in the prices of premises meeting the criteria of the program. – Many people want to buy an apartment as soon as possible for fear that in a month or two it will be more expensive or will not be available. Finding a ready-made two- or small three-room flat is already a challenge – Ewa Palus, an expert at Rednet Property Group, told the newspaper. – We know of cases of investments in which the price lists of flats have been changed 3-4 times since the beginning of the month, of course upwards. For large apartments that met the criteria of the program, prices were raised to the maximum threshold. The prices of two-room and small three-room flats increased the most, added Ewa Palus.

Main photo source: Proxima Studio/Shutterstock

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