Poland's housing market likely to decline mid-term
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Poland's housing market will likely decline mid-term on a combination of factors, including expiration of support for home purchases, likely higher interest rates and a shift in public support from ownership segment to rental and rent-to-own schemes, real consultancy Reas reported.
"In the coming quarters, the depletion of funds from government support scheme MdM and interest rates will have the strongest impact on the market," Reas stated.
Additionally, the new support schemes will focus on housing rental and rent-to-own systems, likely weakening the ownership segment, as a portion of potential buyers of apartments may feel attracted by the latter, Reas said.
