Forecast: Output of Real Estate in Poland

Analysis of the Polish real estate sector indicates a steady growth trajectory from 2013 to 2023, with the output rising from 127.81 billion PLN to 215.67 billion PLN. The real estate market has shown resilience with positive year-on-year growth, particularly notable in 2019 with a 12.49% increase. However, this growth rate has gradually decreased to 2.78% by 2023. The compound annual growth rate (CAGR) over the last five years has averaged 4.74%, reflecting a moderate but consistent expansion.

Future trends to watch for include:

• Continued gradual growth with forecasted 2028 values reaching 244.01 billion PLN.

• A potential slowdown in growth with a projected 5-year CAGR of 1.96%.

• Market stability, though addressing challenges such as economic fluctuations, regulatory changes, and housing affordability will be crucial for sustained growth.