Feb. 27, 2014 09:35 UTC

Research and Markets: Mortgage Lending in Poland 2014-2016

DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/2h5zr6/mortgage_lending) has announced the addition of the "Mortgage Lending in Poland 2014-2016" report to their offering.

Mortgage lending in Poland 2014-2016 is the latest edition of the regular research paper. Report builds on the success of the 2013 issue and provides an updated view of emerging trends on the Polish mortgage lending market. Similarly to the previous version our analysis covers a wide range of perspectives including: Market size, competitive structure, market shares and margins. A mid-term market forecast of mortgage outstanding value through 2016 has been also included.

Research findings have been presented in a structured and logical way in a form of horizontal presentation on 30 slides.

After five years of continuous erosion, real estate prices in Poland showed first signs of stabilization and recovery in Q2 and Q3 of 2013. Falling supply of new homes and interest rates on record lows provided price support. The construction sector still lagged behind in 2013 as the number of new building permits and building starts recorded a multi-year low of 139k and 127k units respectively. The persisting weakness in construction sector could be explained with various factors including: still low affordability of real estate due to high unemployment and the overall economic uncertainty, which discourages developers from new investments. Considering the time shift between new building permits/starts and completions, it could be expected that a shortage of new flats and houses will develop in two to three years perspective. As a consequence, prices of quality real estate are likely to trend higher through 2016.

The expected recovery in the Polish economy in 2014-2016 is likely to benefit both residential construction industry and the mortgage lending sector as the purchasing power of individuals will increase. Stable real estate prices, low interest rates and a new government-sponsored program Mieszkanie dla Mlodych are likely to boost new lending despite regulatory tightening taking place. Inteliace Research expect that the total outstanding value of mortgage loans at banks will increase 8% p.a. on average through 2016.

Key Topics Covered:

1. Residential real estate stock & prices

2. Mortgage lending

3. Regulatory issues, risk

4. Forecast

Companies Mentioned

  • BPH
  • BZ WBK
  • GetinNoble bank
  • mbank
  • Millennium
  • PKO Bank Polski
  • Pekao

For more information visit http://www.researchandmarkets.com/research/2h5zr6/mortgage_lending

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Property


Source: Research and Markets