New data on the property market

The GUS Central Office of Statistics has been providing information on the number and value of property deals, concluded annually in the form of notarial deeds since 2003. Detailed information has been available on ca. 75% of market deals, in the amount of more than 300,000 and valued at ca. 44 billion Polish zlotys (2007 data). The data are split according to market segments (business premises and office space, land and developed properties) and to deals (those in Municipal Counties, Rural Counties, and Regional Capital Cities). One can identify transactions that were based on auctions, as well as those carried out on free market, in the context of ownership or perpetual usufruct. Also average deal values are included, based on the respective segments. That information has extended our knowledge on the property market in particular years of the period 2003-2007.