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 first quarter of 2025 brought 8% more transactions than last year – 32,805 units.
At the same time, they indicated that the steep rise in prices, however, has noticeably reduced demand in the second half of March, which may be reflected in transaction numbers over time.
According to the statement, the mortgage market is also expanding, with HUF 125 billion of residential mortgages signed in March this year, according to data from Credipass, the group's international financial brand in Hungary.
This is a 9% increase compared to the volume estimated by experts for February, and a 28% improvement compared to the central bank data for the same period in 2024, Duna House said.
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