Interest in Newly Built Homes Increased in January

Interest in newly built homes in Hungary rose to a multi-year high at the beginning of 2026, while demand for used homes fell significantly compared to the same period last year, ingatlan.com told MTI on Wednesday.

The announcement highlighted that the year got off to a mixed start on the Hungarian housing market, with the number of advertisements and demand falling in the first three weeks compared to the previous year, as the market restarted on January 5 after a two-week holiday break.

However, between January 5 and 19, demand approached the level of previous years, while its structure changed.

Interest in used homes fell by 20% year-on-year, but telephone inquiries about newly built apartments and houses rose to a three-year high.

In the latter category, the proportion of inquiries rose above 3%, which was last seen in early 2022, according to the statement by the real estate broker firm's leading economic expoert, László Balogh.

He added that this suggests that many buyers are waiting for new apartments priced at HUF 1.5 million per square meter to come onto the market.

This, in turn, may be accompanied by an expansion in the supply of used apartments and houses for sale and a moderation in the "rapid price increases" seen previously.