According to the latest data from the BIK Housing Loan Demand Index, the value of housing loan inquiries rose by 46.4% year-on-year in May 2025. This indicates that, on a working day basis, banks and credit unions in Poland submitted housing loan inquiries for amounts significantly higher than in May 2024. The BIK Housing Loan Demand Index measures changes in the value of housing loans requested by individual clients compared to the same period in the previous year. It serves as a tool for analysts and financial institutions to assess market trends and forecast credit activity in the coming months. In May 2025, 38,630 individuals applied for housing loans, compared to 26,990 in May 2024, reflecting a year-on-year increase of 43.1%. Compared to April 2025, the number of applicants rose by 8.4%. The average requested housing loan amount in May 2025 was PLN 467,600, an increase of 7.4% compared to the previous year and 2.1% higher than in April 2025. According to Dr. Waldemar Rogowski, Chief Analyst at BIK Group, the number of housing loan applicants in May reached its highest level since October 2021, excluding brief periods of increased activity in March 2022—related to anticipated interest rate buffer changes—and the second half of 2023, following the introduction of the Safe Loan 2% Program. Dr. Rogowski noted that the demand for housing loans is being influenced by the recent interest rate cut, with borrowers responding to expectations of further reductions. High interest rates between mid-2022 and mid-2023 had led to a significant decline in demand. Additional factors contributing to the renewed interest include relatively stable real estate prices and signs of price declines in the secondary market, encouraging property purchases. The average requested loan amount of PLN 467,600 in May 2025 represents the highest recorded level. Dr. Rogowski anticipates that in the coming months, the BIK Housing Loan Demand Index may continue to rise, driven by both an increase in the number of applicants and higher average loan amounts.