17:26 22 June 2026
Weak demand for apartments blamed on high prices and expensive loans
The spring revival on Poland’s housing market has proved short-lived. Sales are now growing clearly only in Warsaw, while buyers are less convinced than a year ago that it is a good time to purchase property. According to RynekPierwotny.pl, May sales rose by 3% month on month in Warsaw and 4% in the Tricity, but fell by 14% in Kraków, 8% in Poznań and 30% in the Górnośląsko-Zagłębiowska Metropolis.
Experts point to worsening mortgage conditions, rising periodically fixed-rate loans and declining creditworthiness as key reasons for weaker demand. Developers are also limiting new supply, especially in Kraków and Wrocław.
Consumer sentiment remains cautious. Only 24% of respondents surveyed by Nieruchomosci-online.pl believe it is a good time to buy, while 84% describe property prices as high or very high. By contrast, 39% say it is a good time to sell.
(pb.pl)
