Investor Presentaiton
Stable and growing residential market in Poland
House price dynamics in the CEE - very low volatility in Poland
index, 2015=100;
%
180
14
Euro area - EA19
170
Poland
Czech Republic
Romania
Hungary
12
160
10
8
150
20% 6
140
4
130
120
20
110
-2
100
90
80
Q1/10 Q1/11 Q1/12 Q1/13 Q1/14 Q1/15 Q1/16 Q1/17 Q1/18 Q1/19
-4
Quartile 1-3 Median
-6
-8
Poland
Residential prices on
secondary
primary and
market in Poland remains
stable trough the years.
Low volatility of house
price dynamics driven by
strong demand and
supply offers significant
potential for further
growth.
Euro Czech Hungary Romania Data Source: Eurostat
area Republic
Mortgage penetration in Poland remains low while home ownership rates are among the highest in Europe
Distribution of population by tenure status in selected countries
(data for 2018, in %)
Dwellings per 1000 citizens
529
509
26
454
459
467
479
490
47
■ Owner
381
%
100
12
90
80
16
26
15
21
S
8
70
21
60
21
29
21
24
45
49
50
55
■Rental
95
40
72
76
39
3220
30
58
47
17
■Mortgage
loan
30
10
14
Romania POLAND Hungary
Czech Spain Austria Denmark
Republic
Source: Eurostat
m
POLAND Hungary Denmark Czech Belgium EU 28 Germany France
Republic
Source: Deloitte Property Index 2018
mBank
Hipoteczny
Covered
bonds
Cover Pool
Polish
Economy
Real estate
market
Legislation
44View entire presentation