About the Report:
The report builds on the success of its previous issues and provides an updated view of emerging trends in the Polish mortgage lending market. Similarly to the previous version, our analysis covers a wide range of perspectives, including market size, competitive structure, market shares, and margins. A mid-term market forecast of mortgage outstanding value through 2025 has also been included.
Residential construction in Poland is one of the fastest indicators of the economic climate. In 2022, an abrupt decline in building starts (-28%) and new permits (-13%) was recorded. At the same time, the long-term trend of growing real estate prices slowed down visibly in the most expensive locations, such as Warsaw. An increasing number of existing homes being put on the market and more generous discounts offered by developers indicate that 2023 might see a stabilization or a slight correction in real estate prices. In the base scenario, we expect new mortgage lending to stagnate in 2023 and then to accelerate gradually in 2024 and 2025.
Research findings have been presented in a structured and logical way in the form of a horizontal presentation on 25 slides.
Table of Contents
Executive Summary
Companies Mentioned
- Bank Pekao
- ING Bank
- mBank
- Millennium
- PKO Bank Polski
- Santander
