Tenants have nothing to fear. Seasonal explosion of supply
The rental market in Poland experiences a seasonal increase in housing supply, though demand is expected to remain low until spring.
Experts indicate that the rental market in Poland has seen a significant increase in listings as landlords have inundated the market with new offers since January. Marek Wielgo from GetHome.pl highlights that although landlords are active, the rental market typically experiences a lull in demand that lasts until January, with tenant activity expected to pick up only in the following months. This pattern underscores the seasonal fluctuations typical in the real estate rental market.
Data from the property portal Adradar suggests that by the end of January, there were approximately 77,000 unique rental listings nationwide, marking an 18% increase compared to the end of the previous year. However, the overall number of listings remained consistent with the same period last year, indicating a certain stability despite the current influx. Additionally, while the number of available listings increased, there was also a notable withdrawal of about 33,000 offers in January, reflecting a 20% decrease from December, which points to a seasonal dip in demand.
Overall, the article highlights the inherent seasonal nature of the rental market in Poland, with fluctuating supply and demand cycles. Although the current offerings are on the rise, the author advises tenants that demand tends to lag behind, suggesting that the real activity wonβt pick up until the spring months. This dynamic could influence rental prices and availability moving forward, as landlords await seasonal shifts in the market.