Poland Housing market tightens
Residentialschedule 09 November 2021
Aleksandra Gawrońska, head of residential research at JLL
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The residential market’s third-quarter performance was markedly weaker than the first six months of 2021, both in terms of sales and new supply, according to the Residential Market in Poland - Q3 2021 report by JLL.
Developers operating in Warsaw, Kraków, Wrocław, the TriCity, Poznań and Łódź put 13,800 units on sale, 13 pct fewer than in the previous quarter. Although sales of 15,000 units were 23 pct lower q-o-q, they were still higher than new units begun, which has now been true for three successive quarters. The new units available on the market in these cities dropped to 36,600, 26 pct lower than a year ago. Poland’s inflation rate continues to rise and is encouraging new buyers to purchase no
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