Housing prices are expected to decline in H2 - PKO BP

Poland's apartment transaction prices are expected to start declining gradually in the second half of the year due to "significantly reduced demand coming on the back of interest rates increases and tightening of the lending policy," PKO BP analysts wrote.

Prices are unlikely to stick to current levels also because of the supply side of the market, which got a boost from the housing boom observed in recent years, they also noted.