BIK: Housing loan inquiry value rises 16.7% year-on-year in April 2025

The value of housing loan inquiries in April 2025 increased by 16.7% compared to the same month last year, according to the BIK Housing Loan Population Index. This means that on each working day in April, banks and credit unions sent BIK higher-value housing loan inquiries than they did in April 2024.

The BIK Index tracks changes in the value of housing loan applications submitted by individual borrowers, offering analysts and financial institutions insight into trends in the Polish mortgage market and helping to forecast upcoming credit activity.

In April 2025, a total of 35,640 people applied for housing loans, up 10.2% from 32,340 applicants a year earlier. However, compared to March 2025, the number of applicants decreased by 3.5%. The average loan amount requested in April was PLN 458,100 — 5.9% higher than in April 2024, but 0.4% lower than in March this year.

According to Dr. Waldemar Rogowski, chief analyst at BIK Group, the slight month-on-month decline in applications can be partly attributed to the later timing of Easter this year, which coincided with the May holiday weekend and may have dampened interest in housing loans. Still, the April 2025 figures represent the second-highest monthly result since January 2024.

Rogowski noted that demand for housing loans appears to be influenced by expectations of falling interest rates and declining property prices, particularly on the secondary market. “The real gamechanger for demand will be a drop in interest rates,” he said.

Rogowski added that the average requested loan amount — PLN 458,200 in April — reflects steady confidence among borrowers and that further growth in housing loan demand is expected in the coming months.

Source: BIK