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Mon - Fri, 10:00am - 6:00pm (JST)
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Mon - Fri, 9am - 6pm (EST)
Key regions: Europe, Brazil, France, Asia, United States
The Residential Real Estate market in Poland is experiencing significant growth and development in recent years.
Customer preferences: Polish customers are increasingly looking for modern and high-quality residential properties. They value properties that offer a range of amenities and facilities, such as gyms, swimming pools, and green spaces. Additionally, there is a growing demand for properties located in well-connected areas, with easy access to public transportation and major highways. Polish customers are also becoming more environmentally conscious, and are seeking properties that are energy-efficient and sustainable.
Trends in the market: One major trend in the Polish Residential Real Estate market is the increasing popularity of apartment living. Many young professionals and families are opting for apartments due to their affordability and convenience. This trend is particularly evident in major cities like Warsaw, Krakow, and Wroclaw, where the demand for apartments is high. Developers are responding to this trend by constructing more apartment buildings and complexes to meet the growing demand. Another trend in the market is the rise of mixed-use developments. These developments combine residential properties with commercial spaces, such as offices, retail stores, and entertainment venues. This trend is driven by the desire for convenience and the need for live-work-play environments. Mixed-use developments are becoming increasingly popular in urban areas, where residents can have everything they need within walking distance.
Local special circumstances: One of the key factors driving the growth of the Residential Real Estate market in Poland is the country's strong economic performance. Poland has experienced steady economic growth in recent years, which has increased the purchasing power of its citizens. This, in turn, has led to increased demand for residential properties. Additionally, Poland has a relatively young population, with a large proportion of millennials entering the housing market. These young buyers are looking for properties that cater to their lifestyle preferences, such as modern designs and convenient locations. The demand from this demographic is contributing to the growth of the Residential Real Estate market in Poland.
Underlying macroeconomic factors: Several macroeconomic factors are contributing to the development of the Residential Real Estate market in Poland. The country has a stable political environment and a strong legal framework that protects property rights, which attracts both domestic and foreign investors. Furthermore, low interest rates and favorable mortgage lending conditions have made it easier for individuals to purchase residential properties. In addition, the Polish government has implemented various policies and incentives to support the housing market. These include programs to promote affordable housing, tax incentives for property developers, and subsidies for first-time homebuyers. These measures have stimulated demand and investment in the Residential Real Estate market in Poland. Overall, the Residential Real Estate market in Poland is experiencing growth and development due to customer preferences for modern and high-quality properties, the popularity of apartment living, the rise of mixed-use developments, the country's strong economic performance, and favorable macroeconomic factors.
Data coverage:
Figures are based on total and average value of residential real estate, residential estate transactions and leases.Modeling approach:
Market size is determined by a combined top-down and bottom-up approach. We use national statistics, international organizations, and industry associations to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country specific industry associations such as GDP, price level index, household wealth, household size, number of renter and owner households, housing consumer spending per capita.Forecasts:
We use a variety of forecasting techniques, depending on the behavior of the market, for instance, 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:
Data is modeled using current exchange rates. 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)