The turnover of the real estate sector in Poland has experienced a significant upward trend from 2013 to 2023. In 2023, the turnover reached 24.48 billion Euros. Year-on-year growth rates have generally displayed positive trends, though they have varied over the years, with notable peaks in 2015 (+14.23%) and 2017 (+11.68%). Over the last two years, the growth rate has slightly decelerated to +2.64% in 2023. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 3.41%, indicating consistent growth, albeit at a slower rate compared to earlier periods.
The forecast data suggests that this upward trajectory will continue, albeit at a more modest rate. The CAGR for the next five years (2024-2028) is projected at 1.87%, with an overall growth rate of 9.68% by 2028. This indicates a stabilizing market with steady, if slower, growth.
Future trends to watch for include:
- The impact of economic policies on the real estate market.
- Shifts in demand for residential versus commercial real estate.
- Potential impacts of global economic conditions on local market performance.
