The turnover of buying and selling of own real estate in Poland has shown significant growth from 1.22 billion Euros in 2013 to 5.49 billion Euros in 2023. The past decade has seen substantial year-on-year variations, peaking in 2015 with an 88.49% increase. Recent years have demonstrated more stable growth, with a year-on-year increase of 5.96% in 2023. The 5-year compound annual growth rate (CAGR) from 2018 to 2023 stands at 7.86%. Forecast data predict a continued upward trend, with the turnover expected to reach 7.01 billion Euros by 2028, yielding a forecasted 5-year CAGR of 3.87% and a total growth rate of 20.93% over this period.
Future trends to watch for include:
- Continuing stabilization in growth rates, potentially influenced by market maturity and economic factors.
- The impact of macroeconomic conditions, including interest rates and inflation, on real estate activity.
- Innovations in real estate technology and digital platforms that may drive market efficiencies.
- Government policies and regulations affecting the real estate market.