The value of inquiries for housing loans rose by 16.7% year-over-year in April 2025, according to the BIK Housing Loan Demand Index. This figure means that, on a per working day basis, banks and credit unions (SKOKs) submitted housing loan inquiries to BIK that were 16.7% higher compared to April 2024.
The BIK Housing Loan Demand Index is an indicator that measures the level of interest in housing loans in Poland. It shows how the total value of loan applications from individual clients changes compared to the same period of the previous year. This index is a useful tool for analysts and financial institutions, as it helps assess trends in the housing loan market and forecast credit activity in the months to come.
In April 2025, a total of 35.64 thousand people applied for a housing loan, compared to 32.34 thousand in April 2024—an increase of 10.2% year-over-year. However, compared to March 2025, the number of applicants fell by 3.5%.
The average value of a requested housing loan in April 2025 amounted to PLN 458,100, which was 5.9% higher than in April 2024. Compared to March 2025, the average amount was 0.4% lower.
“The number of people applying for housing loans in April decreased by 3.5% compared to March, but increased by almost 10.2% year-over-year,” notes Dr. hab. Waldemar Rogowski, Chief Analyst of the BIK Group.
“It is worth noting that April 2024 had the second-highest number of housing loan applicants in the entire year. The month-to-month decline may partially be attributed to the timing of Easter in 2025, which occurred much later than the previous year and was close to the May holidays—potentially limiting interest in taking out loans. Despite this, the number of applicants in April 2025 ranks second since January 2024.”
According to Prof. Rogowski, housing loan demand appears to be awakening, driven by expectations of falling interest rates and declining property prices, particularly in the secondary market, which are encouraging people to consider buying property.
“The real game changer for demand will be a drop in interest rates,” he adds.
Another factor influencing the Index is the average value of the loan application. In April 2025, it stood at PLN 458,200, which is 5.9% higher than in April 2024.
Prof. Rogowski concludes that an increase in housing loan demand can be expected in the coming months of 2025.
