21:59 1 June 2026
Housing market gains momentum in May
Poland’s housing market regained momentum in May after a weaker April, with developers selling about 4,500 apartments across the country’s seven largest markets, up 12% m/m and 21% y/y, according to Otodom. Reservations surged to 7,100 units, the highest level since the 2023 boom triggered by the Safe 2% Mortgage program, signaling strong buyer interest. Supply and demand returned to balance as developers launched nearly as many units as they sold.
However, industry sentiment has cooled, with fewer developers expecting sales to accelerate in the coming months. Meanwhile, prices rose in six of seven major markets. Warsaw remained the most expensive city, with average asking prices continuing to climb rapidly, while new projects in Wrocław also entered the market at premium price levels.
(pb.pl)
