Commissions revenue of Duna House's franchise network rose 35% year-on-year to HUF 5.2 billion in the third quarter, the listed real estate broker said in a report based on preliminary data.
Commissions revenue in Hungary climbed 38.7% to HUF 3.9 billion. In Poland, commissions revenue rose 22.6% to HUF 1.2 billion.
Revenue growth was driven in both August and September by the government’s Home Start subsidised credit scheme for first-time home buyers, Duna House said.
Brokered loan volume of the group increased 29.2% to HUF 330.5 billion. Brokered loan volume reached HUF 165.6 billion in Italy, HUF 131.6 billion in Poland and HUF 33.3 billion in Hungary.
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