The Polish real property marketplace in 2025 was at a turning point. After years of dynamic growth, we now observe stabilization of housing pricesand even in any regions inheritances. As of December 2024, average price per square metre on the first marketplace in Warsaw was 17,659 złWhile in Krakow it reached PLN 16,493. Interestingly, in the secondary marketplace in these cities prices were even higher, respectively 18 270 PLN/m2 in Warsaw and 17,461 PLN/m2 in Kraków.
Analysts foretell that the increase in housing prices will slow down to 1 year 5-8%, which is simply a crucial slowdown compared to erstwhile years. The main causes of this phenomenon are record supply of fresh housing and weak demand resulting from advanced interest rates and uncertainty associated with government programmes supporting the acquisition of real estate.
Apartment Developers in trouble: oversupply of housing and falling demand
Developers face the problem oversupply of housing, especially in cities specified as Łódź, where the offer can last for the next 3 years at the current sales rate. The increase in the cost of building materials and the difficulties in obtaining land in attractive locations complicate the situation.
In the face of these challenges, developers are forced to adjustment of the sales strategy, offering promotions and discounts to attract customers. However, with expanding construction costs and limited purchasing capacity of Poles, profit margins are increasingly strained.
Forecasts for the future: is the real property marketplace expected to decline further?
Experts are divided about the future of the real property marketplace in Poland. any foretell further price stabilisationand others inform against possible inheritance, peculiarly if interest rates stay advanced and support schemes for housing buyers are not implemented.
In view of these uncertainties, possible buyers should carefully analyse the marketplace and consider different scenarios before deciding to acquisition the property. In turn, developers must be prepared to adapt flexibly to changing marketplace conditions.
Continued here:
Real property collapse! Developers hit the alarm.
