19:24 1 October 2026
Property Forum: largest developers increase advantage in land acquisition and financing
Poland’s housing market has stabilized, with developer contract signings up 15% to 19% y/y, but growth is increasingly concentrated among large companies. Their stronger brands and lower financing costs help them gain share as the fragmented sector consolidates. The market has about 800 developers, many small firms selling only dozens of homes annually. Industry executives say lengthy administrative procedures, sometimes stretching beyond a decade, delay projects, raise financing costs and squeeze margins.
Access to land is also difficult. Despite these pressures, a central bank policymaker said housing currently poses no major financial stability risk. New household lending has continued to grow since 2017, while developers and households remain relatively lightly indebted.
