Housing prices in most large cities remain stable or falling
19:25
A new report shows that housing prices in 17 Polish cities rose only 1% y/y, with strong variation between markets. Warsaw, still the most expensive city at PLN 17,000/m², recorded a 4.6% y/y decline, while Katowice saw the sharpest drop at 12.5% y/y. The cheapest markets remain Radom, Sosnowiec and Częstochowa at about PLN 7,500/m². A 50 m² flat costs PLN 370,000 in Częstochowa versus PLN 845,000 in Warsaw. Over the past 10 months, prices fell in many top-tier cities except Gdańsk, Gdynia and Poznań.
Analysts note high supply, stable monthly changes, and lower real prices after inflation, with mortgage demand rising following interest rate cuts.
