The recession in the construction industry is deepening. The Central Statistics Office reported that in October construction production in Poland decreased by 9.6 percent compared to October 2023.
But there was a setback this year The calendar and weather favor the builders. So what's the problem?
The government is still unable to start spending EU funds. Moreover, the parties that make up the ruling coalition send conflicting messages regarding support for apartment purchases. People are waiting for specific information because they cannot afford to pay loans. In this situation developers limit construction.
Since the beginning of 2024, 162.5 thousand new apartments have been put into use. That's 10.5 percent. less than the same period the previous year – says Dawid Sułkowski from the Polish Institute of Economics.