20:22 17 February 2025
Price for a square meter of real estate fall, but only temporarily
Economists at Pekao Bank predict a moderate decline in housing prices in 2025-2026, but emphasize it will be a correction, not a crash, due to Poland’s ongoing housing shortage.
After seven years of continuous growth, housing prices in major Polish cities have started to fall, with a 0.5% decline in late 2024. Further quarterly drops of 0.9% (Q2 2025) and 1.1% annually (Q3 2025) are expected.
The price decline is linked to increased housing supply, with new projects peaking in 2025-26. However, structural demand remains strong, as Poland still lacks sufficient modern, spacious housing.
Despite high interest rates, mortgage lending remained strong in 2024, reaching PLN 87.1 billion, indicating sustained market resilience.
(pb.pl)
