The household expenditure on housing rentals in Poland stood at 3.91 billion Euros in 2023. The year-on-year growth from 2022 to 2023 was 3.02%, showing continuity in the upward trend. Reviewing the last two years, there was significant growth in 2022 with an increase of 19.89%, followed by a more moderate increase in 2023. The Compound Annual Growth Rate (CAGR) over the past five years has been 6.44%, indicating strong consistent growth. Looking ahead, projections for the next five years suggest a CAGR of 2.4%, reflecting a slowdown in growth rate but still positive overall growth.
Future trends to watch for include:
- Inflationary pressures impacting rental prices.
- Changes in housing policy and regulation.
- Economic factors influencing disposable incomes and housing affordability.
- Urbanization trends and migration to major cities.
- Potential technological advancements in the real estate sector.
