Flats are being built in Poland, but it is still not enough

According to the eighth edition of the report of the consulting company Deloitte “Property Index. Overview of European Residential Markets. Where does residential price growth end?”, despite the fact that most of the Central European apartments are being built in Poland, there is still a shortage of flats. Last year, nearly 185,000 of them were put into use.
In 2018, Portugal (579.8) had the largest housing stock. Poland has currently 380.7 flats per 1,000 inhabitants, which represents the lowest number of flats among all the analyzed countries.
“The demand is still very high, but the limited access to credit associated and the end of the government's Flat for Youth program are reflected in the overall decline in the level of purchase transactions by 11 percent during the year,” Marta Jurek, Manager in Deloitte Real Estate Consulting, commented.
(WBJ)