The household consumption of housing in Poland has demonstrated fluctuations over the past decade. From 2013 to 2023, the trend has experienced both declines and increases, with notable drops between 2014 and 2018, and recoveries in more recent years. Specifically, there was a significant drop in 2016 by 6.62%, reaching the lowest point in 2020 at 14.76. However, the market started to recover in 2021 with an increase of 7.8%, and by 2023, it stood at 16.52, growing by 0.91% year-on-year. The CAGR over the last five years has averaged at 1.88%, indicating a slow but steady recovery.
Looking ahead, from 2024 to 2028, the forecast suggests a continued positive trend with an expected CAGR of 1% and an overall growth rate of 5.09%. This stabilized growth indicates cautious optimism for the future of household consumption of housing in Poland.
Future trends to watch for:
- Impact of potential macroeconomic shifts on disposable income.
- Government policies affecting housing affordability.
- Changes in demographic trends and urbanization rates.
