The average daily sale of development apartments in seven main markets has reached the highest level from the year, amounting to 137 transactions per day until mid -May. This is a significant increase compared to the average 126 transactions per day recorded during the February-April period and 108 transactions in January. Even more spectacular was the increase in the number of reservations that reached 115 per dayagainst 72 in April and 67 in March.
The market reaction was not accidental. Already before the official announcement of the decision of the MPP, potential buyers tested their creditworthiness, expecting to improve the financing conditions. Data on the Credit Information Bureau show that in April 2025 3,5600 people requested a housing loan, which means an increase of over 10 percent. year on year. At the same time, the average amount of the requested loan increased to 458.2 thousand. PLN, noting an increase of 5.9 percent in an annual basis.
Average daily sale and reservations
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Otodom.pl / otodom.pl
The study conducted by Otodom revealed that as much as 13 percent people on the shopping path declared that the reduction of the feet would be a signal for them to finalize the transaction. This is a group that, under appropriate conditions, could generate up to 5000 additional transactions a year, exceeding the threshold of 42,000 apartments sold in the largest markets in the country and piercing sales results from all over 2024 at 37000.
Real estate portals record a record traffic
The revival on the housing market has also translated into a significant increase in online activity. During the week, immediately after the decision to reduce interest rates, the number of visits to the Otodom portal reached 9 million, which means an increase of 14 percent. month to month and 16 percent year on year. The number of responses to the advertisement increased to 96,000, i.e. by 24 percent. more than a month earlier. The next week maintained a high level of activity, which suggests that the impulse was not temporary.
Average daily reservations and introductions
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Otodom.pl / otodom.pl
– The number of reservations by the middle of the month is the result of both interest rate reduction and the appearance of new development offerswhich refreshed the interest of customers – says Katarzyna Kuniewicz, director of the Otodom market research.
– The reservations themselves, although they are not synonymous with sales, can herald the reflection of demand. If the current pace persists, sales in May may be noticeably higher than in previous months. It is also possible that the following months will bring good or even better results, especially if the decrease in the feet turns out to be the beginning of a longer trend – comments the expert.
Experts warn against exaggerated optimism
Despite the positive signals, the housing market analysts are cautious in forecasts. One -time cutting of interest rates will not solve structural market problems such as high real estate prices or still limited availability of mortgage loans. Experts indicate that a clear revival of sales reaching 15-20 percent. It can only take place after a total reduction of feet by 100-150 base points.
– The May reduction of interest rates is not a medicine for all the ills of the housing market, but undoubtedly it is the first, long -awaited impulse. The increased interest in the apartments visible in Otodom, observed in May, is a signal that credit customers are coming back to the game. If there are further decisions supporting demand, also those except for monetary policy, we can enter the stage of gradually rebuilding their purchasing activity – says Katarzyna Kuniewicz.
Analysis of data from the seven largest housing markets in Poland – Warsaw, Kraków, Łódź, Poznań, Katowice, the Tri -City and Wrocław – indicates the beginnings of a positive trend that can strengthen in the following months, provided that further activities stimulating demand on the real estate market.
