According to data from Big Data RynekPierwotny.pl, the supply of new apartments from developers in Warsaw has contracted dramatically, with nearly three times as many apartments sold as those made available for sale. This imbalance has led to a shocking rise in prices, as developers struggle to meet the high demand. Market expert Marek Wielgo notes that the dramatic decrease in available inventory is creating a sense of urgency among potential buyers, who are now faced with limited options.

In the past year, following seven interest rate cuts, it has become possible for buyers across Poland's cities to obtain larger apartments through loans. Last year, buyers were in a stronger negotiating position, but the market dynamics are shifting again as developers seem to be regaining control. By limiting supply, they are aiming to push prices upwards even further. Marek Wielgo emphasizes that the next few months will be critical in determining if developers truly succeed in maintaining this trend and controlling the market.

As the demand for apartments continues to grow in relation to a shrinking supply, many prospective buyers may feel compelled to accelerate their purchasing decisions. This situation points to broader implications for the real estate market in Poland, particularly regarding pricing trends and the likelihood of a continued increase in property values. Buyers are advised to act quickly in this tightening market, while it remains crucial to monitor future developments in the real estate sector and interest rates to assess long-term trends.