Housing prices kept rising in most cities in Q1 - NBP

In Q1 2022, the National Bank of Poland (NBP) reported further increases in housing prices in most cities, and the price growth was increasing. The high estimated rates of return on housing projects and the sustained investment and consumption demand contributed to the increase in the number of applications for building permits, NBP said.

On the primary market, offer prices and transaction prices increased, especially in Gdynia, Warsaw, and Wrocław.