Jakub Głowacki, director at Acer Multistrategy FIZ: housing prices may not fall
According to Jakub Głowacki, Director of Asset Management at Acer Multistrategy FIZ, housing prices in Poland are likely to stabilize in 2026 as supply-side and cost factors balance each other out. On the supply side, the market faces a surplus of unsold apartments, continued developer activity, a high number of building permits, and fewer investment-driven purchases. Counterbalancing this are lower financing costs, improved access to credit, rising construction expenses, regulatory changes, higher land prices, and increased appeal of new energy-efficient homes.
Given developers’ strong cash positions, price declines appear unlikely. In the most attractive locations in large cities, gradual price increases are still possible. Over the longer term, after years of strong growth exceeding inflation, the market may enter a phase of consolidation rather than further rapid rises.
(pb.pl)