Tuesday, 9 December 2025
Demand for housing loans increased markedly in November 2025, according to the latest BIK Index of Demand for Housing Loans. The value of loan inquiries submitted to BIK by banks and SKOKs was 50.3 percent higher than in November 2024, measured on a working-day basis.
A total of 37.06 thousand people applied for a mortgage during the month, up from 26.93 thousand a year earlier, representing a 37.6 percent year-on-year increase. Compared with October 2025, however, the number of applicants declined by 13.6 percent.
The average requested loan amount reached PLN 476,500, which is 9.2 percent higher than in November 2024 and slightly (0.3 percent) above the level recorded in October.
According to Sławomir Nosal, Head of BIK’s Analysis Team, recent monetary policy decisions are influencing borrower behaviour. “Already half the number of people than a year ago applied for a home loan in November this year. With further interest rate cuts by the Monetary Policy Council, there is a growing interest in financing the purchase of real estate with a bank loan. Also, the average value of the applied loans is higher and higher – in November it amounted only to a minimum of less than the record amount from June this year (477 thousand PLN). Due to the continuing high demand for home loans, it should be expected that the annual growth rate of the value of loans granted will remain high,” he said.
The BIK Index of Demand for Housing Loans tracks the value of mortgage applications submitted by individual customers and compares it with the same period of the previous year. The index is used by analysts and financial institutions to monitor trends in the mortgage market and assess the likely direction of lending activity in the coming months.
