1.5% after 12 months
No, 1.5% after 1 month actually;
In November 2011, the average decrease for the 15 major cities was 1.5%, according to a reported prepared by Szybko.pl, Metrohouse and Expander.
Last month saw a decline in asking prices. On a monthly basis, the biggest decreases compared to October came in Sopot (-4.2%), Gdansk and Gdynia (-3%) and Lodz (-2.8%). In the last quarter, the largest decreases were recorded in Sopot (-6.4%), and Wroclaw, Gdynia, Gdansk, Lodz, Opole and Torun where prices fell by more than 3%. On an annual basis, asking prices in Lodz tumbled 11%
This is all pointing towards,' as predicted', a significant drop in prices. 15-25% by the end of next year, at the very latest.