Housing loan inquiries in Poland up 52.5% year-on-year in August 2025

The value of housing loan inquiries in Poland rose sharply in August 2025, increasing by 52.5 percent compared with the same month last year, according to data from the BIK Housing Loan Demand Index. Banks and credit unions submitted requests to BIK for housing loans totaling more than half again the value recorded in August 2024.

A total of 35,300 individuals applied for housing loans during the month, up 33.8 percent from 26,400 applicants a year earlier. However, compared with July 2025, the number of applicants fell by 13.7 percent. The average value of loan applications stood at PLN 467,910, 8.6 percent higher than in August 2024 but 1.2 percent lower than in July.

Despite relatively high interest rates compared with other EU countries, demand for housing loans continues to grow. According to Waldemar Rogowski, chief analyst at the BIK Group, this trend reflects both recent interest rate cuts and expectations of further reductions, as well as a nominal increase in wages of 9 percent year-on-year. These factors have supported household creditworthiness. Rogowski also pointed to favorable conditions in the housing market, particularly the large supply in the primary market, as an additional driver of borrowing activity.

The rise in the average loan amount requested, up 8.6 percent compared with last year, has contributed to the higher BIK index reading. Rogowski noted that further records for average housing loan applications may be seen in the coming months.

The BIK Housing Loan Demand Index measures the year-on-year change in the value of housing loan applications submitted by individuals. It is used by analysts and financial institutions to assess market trends and forecast future demand for housing loans.