BIK reports 47% surge in housing loan inquiries in June 2025

The value of housing loan inquiries in Poland increased by 47.1% in June 2025 compared to the same month last year, according to data from the BIK Housing Loan Population Index. The figure indicates that, on each business day in June, banks and credit unions submitted inquiries for housing loans totaling amounts significantly higher than in June 2024.

The BIK Housing Loan Population Index measures interest in housing loans by tracking the year-on-year change in the value of loan applications submitted by individual customers. It serves as an important indicator for financial institutions and analysts to assess trends in the mortgage market and forecast future credit activity.

In June 2025, 37,470 people applied for housing loans, up 36.6% from 27,444 applicants a year earlier. However, compared to May 2025, the number of applicants fell by 3.0%.

The average value of housing loans requested in June reached PLN 477,010, marking a 7.7% increase year-on-year and a 2.0% rise compared to May.

“Although the number of applicants decreased slightly compared to May, on an annual basis, we’ve observed a significant increase of over one-third,” said Dr. Waldemar Rogowski, Chief Analyst at BIK Group. “Despite still high interest rates, many people continue to seek housing loans.”

Dr. Rogowski noted that the rising demand is driven partly by expectations of further interest rate cuts following an initial reduction, which has increased the perceived accessibility of housing loans and motivated potential borrowers.

He also highlighted that the growing average loan amount is influencing the index. “In June, the average housing loan application reached a record PLN 477,010. I expect that in the coming months, this record may be surpassed,” Dr. Rogowski added.