The National Bank of Hungary (MNB) said in a report published on Thursday that the commercial real estate market may be on the verge of recovery, having moved from a multi-year low in both domestic and regional data last year. Speaking at a press conference in Budapest on the state of the commercial real estate […]
Last year, 3,647 applications for the purchase of real estate in Hungary were submitted by foreign nationals from outside the European Union, which is 23% more than a year earlier; the last time similar activity was seen was before 2019, the real estate broker Duna House told MTI on Tuesday. According to Duna House's analysis, […]
Buyer interest in prefabricated apartments has halved, after the average price per square meter of these properties rose by 30% in the first quarter compared to the previous three months, and now exceeds HUF 1 million, real estate broker Duna House told MTI on Monday. They pointed out – based on their own data – […]
Real-estate intermediation volumes reached again an all-time high record, growing 15% y-o-y and +2% q-o-q. Financial intermediation volumes hovered close the record levels of previous quarter with 11% y-o-y growth (-2% on quarterly basis), the real estate broker Duna House has reported on the website of the Budapest Stock Exchange. Italian loan intermediation volumes grew […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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. […]
