The BIK Index of Demand for Housing Loans indicates a 33.3% year-on-year increase in the value of loan inquiries in March 2025. This means that, on an average working day in March, banks and credit unions submitted housing loan inquiries to BIK that were over one-third higher than in the same month last year. The BIK Index measures changes in the total value of housing loan applications submitted by individual clients compared to the same period in the previous year. It serves as a key indicator for analysts and financial institutions, offering insight into housing loan market trends and helping forecast credit demand in the coming months. In March 2025, 36,940 people applied for housing loans, up from 29,650 a year earlier—an increase of 24.6%. Compared to February 2025, the number of applicants rose by 11.6%. This marks the highest level of activity since January 2024. The average housing loan amount applied for in March reached PLN 460,100, a 7.0% increase from the previous year and 2.4% more than in February. Dr. hab. Waldemar Rogowski, Chief Analyst at BIK Group, explained that the significant rise in the March index should be viewed in the context of last year’s lower base. In early 2024, housing loan demand had slowed due to the expiry of the “Safe 2% Loan” program in December 2023 and anticipation surrounding the launch of a new government support initiative. Rogowski noted that the increasing number of applicants suggests renewed interest in the housing market. This appears to be influenced by falling prices in the secondary housing market and growing impatience among prospective buyers awaiting the new support program. He also pointed out that the number of loan applicants may be higher because more applications are being submitted jointly, rather than individually, which increases the number of inquiries recorded. The rising average loan amount is another key factor behind the increase in the Index. March 2025 saw a record high in this metric, suggesting that borrowers are increasingly applying for loans to finance more expensive properties. According to Rogowski, this trend is driving a greater share of joint applications and will likely support further growth in housing loan demand in the coming months.