In Poland's real estate landscape, developers are offering a record number of almost 70,000 apartments across seven major markets, according to consulting firm JLL. This includes nearly 14,000 units in completed buildings, reflecting a substantial increase in available housing options. The growth rate of ready apartments has been noted in all markets, with a quarter-on-quarter increase of 20-40% in most cities.

Expert Kazimierz Kirejczyk from JLL points out that the most remarkable quarterly spikes were observed in Krakow and Katowice, where the figures soared by 68% and 135% respectively. Kirejczyk indicates that such dramatic increases signal significant changes in the market dynamics. To understand these shifts, one must look back to the late 2023 and early 2024 period when developers launched a considerable number of new properties in response to government incentives like the 'Safe Credit 2%' program.

As construction of these new apartments nears completion, many remain on the market, competing for potential buyers. The housing market adapts to these changes, influenced by upcoming programs such as 'Apartment to Start,' which aim to provide additional support for first-time buyers. This scenario sets up a competitive landscape, raising questions about the implications for buyers and the overall health of the housing sector in Poland.