Poland’s housing market saw an unexpected shift in February as the supply of new apartments from developers fell sharply while demand strengthened.
In the country’s seven largest markets—Warsaw, Kraków, Wrocław, Poznań, Łódź, Katowice and the Tricity—developers introduced just 1,500 apartments, a 58% drop month-on-month and 52% lower than a year earlier, according to Otodom Analytics. During the same period, developers sold about 4,300 units, nearly three times more than new listings.
As a result, the total number of apartments available fell below 60,000 for the first time in a year, reaching about 59,500 units at the end of February.
Despite the imbalance, analysts say the overall market remains relatively stable. The time required to sell existing inventory has held steady over the past three months, suggesting a broader supply-demand equilibrium.
Price changes varied by city, ranging from -1.3% in Katowice to +0.8% in Warsaw and Poznań, while Kraków remained stable.
Source: propertynews.pl