September 2026 at a Glance

House Prices and Trends

The national house price index for Poland rose 5.9% year on year in Q1 2026 and was +2.3% against the previous quarter, according to Eurostat, House price index (prc_hpi_q). A year earlier the annual rate was +6.6%, so growth has held broadly steady over twelve months. The quarter-on-quarter reading confirms the acceleration rather than a base effect.

House price index, % change year on yearQ2 2024+17.7%Q3 2024+14.4%Q4 2024+10.4%Q1 2025+6.6%Q2 2025+4.7%Q3 2025+4.0%Q4 2025+4.3%Q1 2026+5.9%

Financing and Interest Rates

The National Bank of Poland’s policy rate was 3.75% in August 2026 (BIS, Central bank policy rates). Rates have come down 1.25 points over the past year, easing mortgage costs and widening the pool of buyers who qualify for financing.

Poland in the News

• Poland has proposed to locate a Patriot missile production plant on its territory – elitexpert.ua (elitexpert.ua, 27 Sep 2026)
• Poland Residential MarketBeat – Cushman & Wakefield (Cushman & Wakefield, 4 Aug 2026)
• Ukrainians may be blocked from buying real estate in Poland, otherwise Poles will not be able to afford apartments – Судово-юридична газета (Судово-юридична газета, 22 Sep 2026)
• Poland tops the list of countries where Ukrainians buy real estate – LIGA.net (LIGA.net, 14 Sep 2026)
• In Poland, they want to limit the purchase of housing by Ukrainians – Твоє місто (Твоє місто, 21 Sep 2026)
• Deputy Marshal of Sejm Bosak has proposed restricting Ukrainians’ ability to buy property in Poland – Цензор.НЕТ (Цензор.НЕТ, 21 Sep 2026)

Reading the Trend

What to watch next month

• The next quarterly release of the house price index for Poland (Q1 2026 is the latest) — whether annual growth keeps accelerating.
• Upcoming decisions by the National Bank of Poland — any move from 3.75% feeds through to mortgage pricing within weeks.

What This Means for Buyers, Sellers and Investors

Sources

• Eurostat, House price index (prc_hpi_q)
• BIS, Central bank policy rates
• Headlines via Google News RSS; content belongs to the linked publishers.

Methodology: all figures are taken directly from the free public statistical sources linked above, for the periods stated; official statistics are published with a lag, so the latest available release is used. Commentary is generated from those figures by rule and reviewed before publication. Nothing here is financial advice.