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Only 6,127 housing loans granted in January, lowest since 2010

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Only 6,127 housing loans granted in January, lowest since 2010
Source: Pixabay

The total number of housing loans decreased by 63.1% in volume and by 65.2% in value in January 2023, year-on-year, the Credit Information Bureau (BIK) sated. The average value of a mortgage loan stood at PLN 329,170 and was lower by 5.7% y/y.

Banks granted only 6,217 loans in January, which is the lowest number since January 2010.

According to BIK forecast, that the value of lending throughout 2023 will be PLN 28 billion for housing loans.

Source: ISBnews

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