Prices of new apartments increased by an average 4.1% y/y in 17 cities in Q2

In Q2 2025, new home prices in Poland’s 17 largest cities (provincial capitals + Gdynia) rose by an average of 4.1% y/y, while secondary market prices fell by 2.4%, according to the Polish Economic Institute (PIE). The report notes a continued slowdown in price growth, especially in the resale market, where sellers are adjusting expectations after significant increases in 2024.
Meanwhile, developer-listed prices have shown steady, moderate increases since early 2025. Compared to other Central and Eastern European cities, price trends in major Polish cities like Warsaw, Kraków, Poznań, Łódź, Wrocław, and Gdańsk are relatively mild. This suggests a cooling in demand, especially for second-hand properties.