20:03 22 April 2025
PIE report: housing prices have slowed with signs of stabilization
According to the latest report by the Polish Economic Institute (PIE), housing prices in Poland have slowed significantly, with signs of stabilization. In Q1 2025, secondary market prices rose by only 2.1% year-over-year, and primary market prices by 3.9%. In cities like Kraków, prices slightly declined, while in Warsaw they increased marginally.
Rental prices rose 2.2% annually, but large apartments saw falling rents due to a sharp rise in supply. Interest in mortgages grew amid expectations of interest rate cuts, which may drive moderate price increases. Compared to other Central and Eastern European cities, Poland’s housing market showed one of the slowest price growth rates, with Prague and Brno remaining the most expensive markets in the region.
