Some European countries saw steady increase in property prices in 2006. Among these countries are Estonia, Bulgaria, Denmark and Poland.
The Royal Institution of Chartered Surveyors analysed price growth in 26 European countries. Among these European countries Poland is the one that registered steady price increase of over 33 per cent over 2006.
Poland’s “ancient royal capital” of Krakow saw the larges price increase , where the price hike reached 58 per cent.
A high number of West European investors have been moving eastward and seeking property there, The Guardian reported.
Countries in the Scandinavian region also saw an increase in the property prices. The average hike in Denmark reached 22 per cent in 2006.
Polish agents said that the market is expected to remain active in the coming years.