Trends in primary apartments market during COVID-19 pandemic
Wioletta Jach
Faculty of Geo-Data Science, Geodesy, and Environmental Engineering; AGH University of Science and Technology; (Poland)
Yurii Hubar
Lviv Politechnic National University; (Ukraine)
https://orcid.org/0000-0003-2538-0727
Piotr Trojański
Institute of History and Archival Studies; University of the National Education Commission; (Poland)
https://orcid.org/0000-0001-5907-8134
Kamil Maciuk
maciuk@agh.edu.plDepartment of Integrated Geodesy and Cartography; Faculty of Mining Surveying and Environmental Engineering; AGH University of Science and Technology (Poland)
https://orcid.org/0000-0001-5514-8510
Abstract
The work includes an analysis of the primary real estate market in Cracow in 2017‑2020. The above analysis was carried out on the basis of transactions obtained from the official register at the city hall. The results of the research made it possible to observe the changes taking place in the market: the prices grew moderately, and the number of transactions was between 8,000 and 11,000 each year. In 2020, due to the COVID-19 pandemic, the number of transactions conducted dropped sharply. Despite the reduced interest of potential buyers, prices per square meter of residential space increased significantly during the period under review. Thus, the pandemic only affected the number of transactions and not the average price per unit of space.
Supporting Agencies
Keywords:
real estate market, primary real estate market, property, COVID-19References
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Authors
Wioletta JachFaculty of Geo-Data Science, Geodesy, and Environmental Engineering; AGH University of Science and Technology; Poland
Authors
Yurii HubarLviv Politechnic National University; Ukraine
https://orcid.org/0000-0003-2538-0727
Authors
Piotr TrojańskiInstitute of History and Archival Studies; University of the National Education Commission; Poland
https://orcid.org/0000-0001-5907-8134
Authors
Kamil Maciukmaciuk@agh.edu.pl
Department of Integrated Geodesy and Cartography; Faculty of Mining Surveying and Environmental Engineering; AGH University of Science and Technology Poland
https://orcid.org/0000-0001-5514-8510
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