Polish Residential Real Estate Market Outlook in the Context of the Development of Sustainable Construction

Abstract

The real estate market is one of the most significant markets in human life. On the one hand, it constitutes a large part of the national income and has a significant share in creating GDP. On the other hand, it satisfies the fundamental human need for housing and utility. Consequently, real estate constitutes an environment in which individuals spend the majority of their time, signifying its pivotal role in sustainable development. As previously stated, the objective of this study is to predict the advancement of sustainable housing construction in Poland and to ascertain the factors that are propelling this development. In order to achieve the aforementioned aim, the desk research method was employed, which entailed a review of extant scientific literature, sector reports and statistical data. Furthermore, the author presented selected results of their own research. The research was conducted in the form of a survey among developers implementing projects within multi-family, multi-storey housing construction. The collated data facilitates the determination of the state of the market, the demand gap for flats and development prospects in the context of sustainable construction. Furthermore, factors conducive to the promotion of sustainable and green construction were identified. It is posited that the results presented herein may provide developers with a certain degree of guidance with regard to the type and characteristics of new housing projects.

Keywords: green buildings, innovation, housing developer, building certificates, sustainable development