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Introduction/background: Pursuing sustainable urban and community development should be a key objective for local governments. The needs of the current generation should be accommodated in a way that respects the environment and accounts for the needs of the generations yet to come. It also calls for the need to plan for and maintain a sustainable market for residential properties - a specific real estate market segment that is characterised by its localness and uniqueness and which serves to accommodate the needs of households, both the fundamental ones (those relating to physiology, safety and belonging) and those at a higher level (such as recognition and self-fulfilment). Aim of the paper: This study is meant as a contribution to further research and its purpose is to present certain developments in the local primary housing market over 2016-2020 and identify potential problems that could have an adverse impact on a sustainable development of both the city concerned and its population. Materials and methods: Our discussion here is based on real estate market data, including those found in publications from Statistics Poland (GUS) and the National Bank of Poland (NBP), and on research conducted by the Poznań University of Economics and Business, Department of Investment and Real Estate. Results and conclusions: Our research shows that the local primary market for residential real estate in Poznań is on a dynamic growth path, driving up supply, demand and, consequently, prices. While this is welcome news for many market stakeholders, it also gives rise to legitimate concern about the proper and sustainable development of local communities going forward.
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