#HOUSING MARKET

Over the first ten months of 2024, 132,900 new housing units were launched, a 44% increase compared to the same period in 2023. Illustrative image. Photo: Omar Marques/Anadolu via Getty Images

Poland sees surge in housing construction

Poland’s housing market is booming, with nearly 16,000 new units breaking ground in October and over 843,000 currently under construction, government data shows.

Flats for sale in Bydgoszcz

Prices drop for new-build properties as market prepares for fresh subsidies

The number of completed new flats on the Polish market exceeded demand in June, stabilizing prices, developers say, while there was healthy growth in newly-started projects.

The new legislation targets “flippers” - speculators who buy, improve and then rapidly sell homes, eyeing a quick profit. Photo: Getty Images

Polish MPs debate plan to curb property speculators

Left-wing lawmakers have submitted a bill that aims to make life difficult for speculators, pierce a property bubble in Poland, and stop first-time buyers being priced out of the market.