The year 2024 brought a recovery in the market for residential property for sale, partly due to lower lending rates and the additional subsidy for housing loans; according to last year's data and the current outlook, the housing market can expect to continue from momentum in 2025, according to ingatlan.com's own advertising data, MTI reported on Thursday.
The statement quoted László Balogh, chief economic expert of the real estate advertising portal, who said that December brought more subdued activity on the supply side, as expected. Only 18,000 fresh residential property ads for sale appeared, but this is still 3% higher than in December 2023.
Last year, more than 530,000 listings were posted on property.com by owners and agents. Of these, 255,000 were for apartments and houses for sale, an annual increase of 4%. Almost 80,000 residential properties were advertised for sale by owners, a multi-year high, with only in 2020 have owners been more willing to sell, they said.
They also pointed out that all counties except Budapest saw an increase in sales, with Borsod-Abaúj-Zemplén and Heves counties seeing a 14% year-on-year increase, respectively, in supply.
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