The property market in 2026: stabilisation or pragmatic equilibrium?
After a period of dynamic change, the Polish property market is showing signs of stabilisation. Sustained demand, high flat sales and a gradual improvement in the availability of financing raise questions about the future direction of the market. Will 2026 bring the expected balance between demand, supply and prices, or will it turn out to be another period of uncertainty?
The past year on the Polish property market has been a time of signs of stabilisation. Sales of new flats in Poland's seven largest cities exceeded 29,000 units, and the number of mortgage enquiries increased significantly over a 12-month period. This indicates a clear revival in consumer demand after a period of high interest rates and limited availability of financing.
According to forecasts by JLL experts, demand for flats in Poland's largest cities will remain unchanged in 2026, although without sharp price increases, suggesting a trend towards a balanced market. In the longer term, however, there are a number of factors that may affect market equilibrium, from planned changes in construction law and spatial planning, which may limit land supply and increase development costs, to a gradual revival of investment and improved credit conditions.
Internationally, structural trends confirm that the property market remains in a transitional period. ULI/PwC investors and analysts indicate that 2026 may be a year of ‘pragmatic equilibrium’, in which stabilisation of demand and a moderate rebound in investment activity will be accompanied by geopolitical uncertainty on the one hand and macroeconomic uncertainty on the other.
On 11 and 12 June, we will meet at the 16th edition of the Real Estate Market Forum to discuss these forecasts together. Will they actually be reflected in reality, or will none of the predictions come true?
See you in Sopot!