Graph and download economic data for Real Residential Property Prices for Poland (QPLR628BIS) from Q1 2010 to Q4 2024 about Poland, residential, HPI, housing, real, price index, indexes, and price.

In the observed period, the highest annual increase in residential property prices in Poland's primary market was recorded in the first quarter of 2024, where apartment prices increased by over ** percent year-on-year. The highest growth in the secondary market was also recorded in the first quarter of 2024 by **** percent y/y. In the second quarter of 2024, the prices of residential properties increased by nearly ** percent compared to the same period last year.

Residential Property Prices in Poland increased 10.40 percent in December of 2024 over the same month in the previous year. This dataset includes a chart with historical data for Poland Residential Property Prices.

In the fourth quarter of 2024, ******** had Poland's most valued house prices, amounting to over ****** zloty per square meter. Following was Kraków with ****** zloty per square meter.

Housing Index in Poland increased to 213.20 points in the first quarter of 2025 from 211.65 points in the fourth quarter of 2024. This dataset provides the latest reported value for - Poland Housing Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about House Prices Growth

• Poland house prices grew 16.3% YoY in Sep 2024, following an increase of 19.1% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Dec 2006 to Sep 2024, with an average growth rate of 4.2%.
• House price data reached an all-time high of 58.5% in Sep 2007 and a record low of -8.9% in Mar 2013.

CEIC calculates House Prices Growth from quarterly House Price Index. Narodowy Bank Polski provides House Price Index with base Same Quarter Previous Year=100. House Prices Growth covers 7 cities only - Gdansk, Gdynia, Lodz, Krakow, Poznan, Warsaw and Wroclaw.

Poland House Prices: per Square Meter: Secondary Market: Offer: 7 Cities data was reported at 7,974.676 PLN in Sep 2018. This records an increase from the previous number of 7,780.765 PLN for Jun 2018. Poland House Prices: per Square Meter: Secondary Market: Offer: 7 Cities data is updated quarterly, averaging 7,116.382 PLN from Sep 2006 (Median) to Sep 2018, with 49 observations. The data reached an all-time high of 7,974.676 PLN in Sep 2018 and a record low of 5,706.669 PLN in Sep 2006. Poland House Prices: per Square Meter: Secondary Market: Offer: 7 Cities data remains active status in CEIC and is reported by National Bank of Poland. The data is categorized under Global Database’s Poland – Table PL.P005: House Price.

In 2023, nearly ******* housing units were completed in Poland, a decrease of seven percent compared to the previous year. Prices on the real estate market in Poland Prices in the real estate market are increasing year after year. In the second quarter of 2023, the annual price growth of apartments on the primary market in Poland was **** percent, while on the secondary market, it was *** percent. In 2022, an average of ******* zloty was spent on purchasing an apartment on the primary market in Poland, while ******* zloty was spent on the secondary market. In contrast, the average price of a single commercial premise amounted to ***** thousand zloty in the same year, and office premises reached more than ******* zloty. Mortgage loans in Poland Demand for mortgage loans has increased every year. In 2020, the market saw a decrease due to the coronavirus (COVID-19) pandemic. Already in April 2021, demand for mortgage loans increased by **** percent compared to the previous year. However, inflation and rising bank interest rates caused a decline in loan demand in April 2022. In 2023, the share of housing loans in the total value of banks’ active receivables amounted to around **** percent. Whereas, in the same year, the share of housing loans in zloty currency was **** percent, increasing of more than ** percentage points compared to 2013. In 2023, a much smaller percentage of housing loans were taken out in foreign currency. This data shows that Poles became more aware of the risks associated with the exchange rate.

House prices in Poland grew by about **** percent as of the last quarter of 2021, corrected for inflation. This was not a new development either: during the 2008 financial crisis, Poland experienced one of Europe's largest housing booms as the economy witnessed a big growth. Despite the nominal house price rising in 2022, the inflation-adjusted price growth turned negative, as the consumer price index hit ** percent.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

House Price Index YoY in Poland decreased to 6.60 percent in the first quarter of 2025 from 10.40 percent in the fourth quarter of 2024. This dataset includes a chart with historical data for Poland House Price Index YoY.

In the second quarter of 2024, the real estate index in Poland amounted ***** points which was an improvement of **** points compared to the first quarter of 2024.

The Poland Prefabricated Housing report provides a detailed analysis of emerging investment pockets, highlighting current and future market trends. It offers strategic insights into capital flows and market shifts, guiding investors toward growth opportunities in key industry segments and regions.

Poland House Prices: per Square Meter: Secondary Market: Offer: 10 Cities data was reported at 4,808.383 PLN in Sep 2018. This records an increase from the previous number of 4,782.677 PLN for Jun 2018. Poland House Prices: per Square Meter: Secondary Market: Offer: 10 Cities data is updated quarterly, averaging 4,438.229 PLN from Sep 2006 (Median) to Sep 2018, with 49 observations. The data reached an all-time high of 4,808.383 PLN in Sep 2018 and a record low of 2,859.638 PLN in Sep 2006. Poland House Prices: per Square Meter: Secondary Market: Offer: 10 Cities data remains active status in CEIC and is reported by National Bank of Poland. The data is categorized under Global Database’s Poland – Table PL.P005: House Price.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, ranging from rising interest rates, spiralling inflation and muted economic growth. Typically, estate agents can earn income via fees and commissions charged to clients, which allows them to protect their operating profit margin from property price fluctuations. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated rise of 1.2% in 2025 to €207.6billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing in the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated, being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this have started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, Proptech, which has been heavily invested in, will force estate agents to adapt, shaking up the traditional real estate industry. A notable application of Proptech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

Analysis of ‘House Prices in Poland’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/dawidcegielski/house-prices-in-poland on 28 January 2022.

--- Dataset description provided by original source is as follows ---

Context

The data has been pre-cleaned but still needs to be take care of. The data come from one of the websites, where we can find advertisements of the sale of apartments. The data is from February 2021.

Content

Description:

• address - Full addres
• city - Warszawa (Warsaw), Kraków (Cracow), Poznań (Poznan).
• floor - The number of the floor where the apartment is located
• id - id
• latitude - latitude
• longitude - longitude
• price - Price of apartment in PLN [TARGET]
• rooms - Number of rooms in the apartment
• sq - Number of square meters of the apartment
• year - Year of the building / apartment

--- Original source retains full ownership of the source dataset ---

In 2023, the average usable floor area in Poland was nearly 131 square meters in single-family buildings, with the fewest floor area being built in houses in urban areas.

In 2023, over ******* properties were sold in Poland, of which the most significant percentage constituted residential properties.

In 2023, Poland's real estate sales amounted to more than 212 billion zloty, of which residential properties accounted for most of the value.

The Report Covers Poland Insurance Companies and the Market is Segmented by Product Type (Motor Insurance, Property Insurance, General Liability Insurance, and Other P&C) and Distribution Channel (Agent, Brokers, Banks, and Others). The Report Offers Market Size and Forecasts for the Poland Property & Casualty Insurance Market in Value (USD) for all the Above Segments.