No end in sight to boom in developer-built housing

Katarzyna Grabarz, Construction Analyst, PMR
The third quarter of 2017 was marked by the continuation of the winning streak for residential property developers. While there are only three months of the year left, sales growth is unlikely to slow. It is practically certain that 2017 will mark another record year in terms of sales of new flats. Given signals that interest rates will not start climbing before 2019, the fact that supply and demand still counterbalance each other and an excellent labour market situation, property developers can expect that the boom will continue also in 2018. A vast majority of leading property developers reported…

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