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Real Estate

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Housing Market Continued to Recover in March

D&T
Apr 1, 2025

The real estate market continued its upswing in March, with 12,200 property sales, up 7% compared to the previous month and 10% compared to the same period last year, the real estate broker firm Duna House said in its transaction count estimate based on its own data on Tuesday, according to MTI. They added that […]

Active Demand in Budapest Agglomeration Real Estate

D&T
Mar 25, 2025

The real estate market in the Budapest metropolitan area started the year with increasing transaction numbers, persistently strong demand and further price increases, according to data from real estate brokerage group Duna House. In a statement on Tuesday, the group said that the number of transactions in January and February this year had already exceeded […]

New-Build Properties Increasingly Popular

D&T
Mar 14, 2025

Despite the high and gradually rising prices, the share of new apartments and houses among real estate transactions nationwide rose to 7% in the first two months of the year, up from 5% in the same period of 2024, the real estate brokerage group Duna House said on Friday, based on its own data. According […]

Housing Prices Rising Faster than Expected

D&T
Feb 10, 2025

Housing prices in Hungary rose by more than 9% in January compared to a year earlier, a faster increase than expected, real estate.com reported on Monday, based on data from its January house price index. The housing price index, which is based on the number of advertisements posted on the real estate advertising portal, shows […]

Active Start to the Year in the Domestic Real Estate Market

D&T
Feb 4, 2025

As expected, the year started actively on the domestic real estate market, with 9,267 sales in January, a 9% decrease compared to December, but almost 11% more than in January last year, Duna House said on Tuesday, based on its own estimates, according to MTI. According to the real estate brokerage's forecast, the real estate […]

Hungarian Real Estate Market: More Positive Outlook

D&T
Feb 4, 2025

The market expects investor activity in the Hungarian commercial real estate market to increase this year, mainly due to improving investor sentiment, the lowering of the European Central Bank (ECB) base rate and the increasing presence of foreign working capital from Asia, international real estate consultancy Colliers said on Tuesday, according to MTI. They added […]

Duna House Group Closing 2024 in ‘Flight Mode’

D&T
Jan 9, 2025

The real estate group Duna House had a strong finish in 2024: key volumes exploded to all-time highs in the last quarter sustaining significant y-o-y growth (financial intermediation volume increased by 17% and network commission revenue by 24%), while growing also on quarterly basis (+14% and +16%, respectively), the Group has announced on the website […]

Year 2024 in the City Center Real Estate Market

D&T
Dec 13, 2024

The beginning of 2024 saw a slight recovery in the Budapest city center real estate market, which was, in fact, fueled by the traditional boom at the end of 2023. According to Ben-Ezra Orran, an expert at Central Home, demand has gradually increased compared to previous years, especially for newer two-room apartments. Prices on the […]

Real Estate Sales Could Total 120,000 in Hungary in 2024

D&T
Dec 9, 2024

The domestic real estate market has performed in line with preliminary expectations this year, with the number of sales expected to close around the middle of the 110-130,000 annual range, and a further 10-20% growth can be expected next year, real estate broker Duna House has said, based on its own data. The statement quoted […]

House Prices in Hungary Accelerated in October

D&T
Nov 14, 2024

Housing prices rose by 2.5% in October compared to a month earlier, compared to a monthly increase of only 0.9% in September; the year-on-year increase accelerated from nearly 7% in September to almost 10% in September, according to the latest housing price index from the Hungarian real estate site ingatlan.com. According to the portal's Thursday […]

2024 Industrial Real Estate Market Snapshot

D&T
Oct 22, 2024

The Budapest Real Estate Consultants' Forum (BIEF, BRF), which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its industrial/logistics real estate market data for Q3 2024. The statement points out that the total modern industrial stock in Hungary amounted to 5,292,750 sqm at the end of Q3 2024. […]

Real Estate Market to See Strong End to the Year

D&T
Oct 14, 2024

Experts expect a strong end to the year on the real estate market, with the 9,754 transactions estimated by the real estate brokerage firm Duna House for September exceeding the previous month's value by 4.8% and the year-earlier value by 20.9%, the company told MTI on Monday. Duna House estimates that 92,000 transactions have been […]

Residential Property Transactions Up in Hungary

D&T
Oct 3, 2024

The Hungarian real estate brokerage firm Duna House estimates that 9,754 residential properties changed hands, up 21% year on year, and that HUF 112 billion worth of housing mortgages were taken out in September 2024 in Hungary, more than double (+106%) of the base period's data. The number of transactions in the first nine months […]

The Benefits of Smart Building Technologies

D&T
Aug 15, 2024

With the rise of trends such as the globalisation of business, teleworking and coworking, the technologies to support employees have evolved significantly, changing the physical space they need. Smart building technologies are becoming a key enabler in more and more offices because the connectivity they provide allows employees to make more efficient use of space […]

Indotek Group Acquires Spanish Plaza

D&T
Aug 12, 2024

Indotek Group, a Budapest-based European real estate investment and asset management company, has acquired the Espacio León shopping center owned by US fund management company Blackstone Inc. for almost EUR 50 million, the real estate investor told MTI on Monday. According to a statement from Indotek, the acquisition of one of the leading retail centers […]

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