Key regions: United States, China, Japan, Germany, United Kingdom
The Real Estate market in Poland has been experiencing significant growth and development in recent years. Customer preferences in the market are shifting towards more modern and luxurious properties. With a growing middle class and increasing disposable incomes, Polish consumers are increasingly looking for high-quality homes with modern amenities and innovative designs. Additionally, there is a rising demand for properties in prime locations, such as city centers and popular tourist destinations. Trends in the market include the construction of new residential and commercial properties to meet the growing demand. Developers are focusing on creating mixed-use developments that combine residential, commercial, and recreational spaces in order to cater to the diverse needs of consumers. Another trend is the increasing popularity of green and sustainable buildings, as consumers become more environmentally conscious and seek energy-efficient homes. Local special circumstances in Poland also contribute to the development of the Real Estate market. The country's strategic location in Central Europe and its membership in the European Union make it an attractive destination for foreign investors. The government has implemented policies to encourage foreign investment in the Real Estate sector, such as tax incentives and simplified regulations. Additionally, the relatively low cost of living and affordable property prices in Poland compared to other European countries make it an appealing option for both domestic and international buyers. Underlying macroeconomic factors, such as a strong and stable economy, also play a role in the development of the Real Estate market in Poland. The country has experienced consistent economic growth in recent years, which has led to increased consumer confidence and spending power. Low interest rates and favorable mortgage conditions have also made it easier for individuals to purchase properties. Furthermore, the government's infrastructure development initiatives, such as the construction of new roads and railways, have improved accessibility and connectivity, making certain areas more attractive for real estate investment. Overall, the Real Estate market in Poland is thriving due to changing customer preferences, favorable local circumstances, and positive macroeconomic factors. The market is expected to continue growing in the coming years, driven by increasing demand for modern and luxurious properties, as well as continued foreign investment and government support.
Data coverage:
Figures are based on value of residential and commercial real estate, average real estate value, residential estate transactions and leases.Modeling approach / Market size:
Market sizes are determined by a combined Top-Down and Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use data from international organizations and industry associations. Next we use relevant key market indicators and data from country-specific associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita. This data helps us to estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, exponential trend smoothing. The main drivers are GDP per capita, population, number of renter and owner households, price level index, housing consumer spending per capita.Additional Notes:
The market is updated twice per year in case market dynamics change. The impacts of the Russia-Ukraine war are considered at a country-specific level.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
