Home completions down in Poland in first four months of 2024

Builders in Poland completed 14.8 percent fewer homes in the first four months of this year than in the same period in 2023, the country’s statistics office reported on Thursday.

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Around 64,600 housing units were completed nationwide between the start of January and the end of April, the state-run Statistics Poland (GUS) agency said.

According to preliminary data, from January to April 2024, 64,6 thous. dwellings were completed, i. e. 14,8% less than in the corresponding period of 2023.https://t.co/KVT1OH2NXw#StatisticsPoland #statistics #housing #ConstructionHousing #building #houses pic.twitter.com/PulIuJgKxn

— Statistics Poland (@StatPoland) May 23, 2024

It added that the number of housing starts in January, February, March and April, at around 81,300 in total, was 79.5 percent higher than in the same period last year.

Meanwhile, overall output in Poland’s construction-and-assembly sector fell by 2 percent in April in year-on-year terms, while increasing by 9 percent month on month, the state-run statistics agency also reported.

According to preliminary data construction and assembly production was in April 2024 by 2.0% lower than in the same period of 2023 and by 9.0% higher as compared to March 2024.https://t.co/P7n8xeM5y8#StatisticsPoland #statistics #construction #production pic.twitter.com/Jwz4eeRfWZ

— Statistics Poland (@StatPoland) May 23, 2024

Builders completed around 220,400 new homes in Poland last year, a decrease of 7.6 percent from 2022, Statistics Poland said earlier this year in a preliminary estimate.

(gs)

Source: IAR, PAP, stat.gov.pl