Polish residential real estate market forecast for 2026

What will housing prices be in 2026?
The housing price forecast for 2026 indicates that after a period of dynamic growth in recent years, the situation may stabilize in 2025 and continue this trend. The state of the economy, inflation levels, and banks' credit policies will be crucial.

Increased supply in both the primary and secondary markets may curb further sharp price increases, but continued strong demand for apartments will maintain upward pressure on prices.

Will housing become cheaper in 2026?
There is no definitive answer. Market analysis suggests any potential price decreases would mainly concern less attractive locations and low-standard units. Significant price drops are not expected in the largest agglomerations due to persistently high demand.

Key influencing factors will include interest rate policy and mortgage availability. Experts note that persistently high loan interest rates may limit purchasing power for some buyers, potentially easing some inflationary pressure on prices.

Main Trends in the 2026 Housing Market
The housing market in 2026 is projected to be characterized by several key trends:

1. Increased Developer Activity – Developers will launch new projects to meet growing demand.

2. Growth of Green and Energy-Efficient Construction – Sustainability trends will strongly influence design and construction.

3. Increased Role of the Rental Market – Many potential buyers, due to high credit costs, may opt for renting instead of buying.

4. Digitalization of the Real Estate Market – Processes related to buying, selling, and renting will undergo further automation.

5. Growing Importance of Location – Attractive neighborhoods will maintain high prices, while less desirable areas may experience stagnation.

Which Cities Will Have the Most Expensive Real Estate in 2026?
According to analysis, the most expensive properties will still be in Warsaw, Krakow, Wroclaw, the Tri-City, and Poznan. Large urban centers attract investors and new residents, driving prices.

• Warsaw: The capital will remain the most expensive market, primarily due to its developed job market and highest standard of living.

• Krakow: Popularity among tourists, students, and businesses will sustain high price levels.

• Wroclaw: Dynamic technological (Silicon Valley) and academic development provide a strong foundation for the real estate market.

• Tri-City: The attractive coastal location and continuous investments will influence price growth.

• Poznan: A stable economy and significant business center make the city one of the more expensive places to live.

What Factors Will Influence Housing Prices in 2026?
The analysis points to several key determinants:

1. Interest Rate Policy – Decisions by the Monetary Policy Council (RPP) will shape mortgage availability and cost.

2. Macroeconomic Situation – Poland's GDP growth rate and inflation level will directly impact the market.

3. Supply of New Investments – The scale and pace of new apartment deliveries by developers.

4. Demographic and Migration Trends – Population inflows to large cities will shape demand.

5. Government Regulations and Programs – National housing policy (e.g., support programs) can stimulate or cool the market.

Summary
The residential real estate market in 2026 will undergo dynamic changes. Forecasts suggest prices, especially in the largest cities, will remain high. The market's final shape will depend on a combination of monetary, macroeconomic, and supply-demand factors. Monitoring these variables will be key to making informed investment and purchasing decisions.