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Duna House

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Premium Real Estate Market Changing in Hungary

Sep 23, 2022

The real estate market has also started to reorganize in the premium segment: while the share of foreign investors has decreased in the capital and the agglomeration, luxury properties on Lake Balaton are still attractive to buyers from abroad, according to an analysis by the real estate agency Duna House. According to the company, demand […]

Foreign Investors Back in the Hungarian Property Market

Aug 28, 2022

The presence of foreign nationals in the Hungarian real estate market has strengthened again, with 23% more foreigners investing in Hungarian property in 2021, according to Duna House data, which show that 2,716 applications for property purchase were submitted by non-EU nationals last year. An important factor is the deterioration of the value of the […]

Investors Dominate the Summer Property Market

Aug 14, 2022

The real estate market continues to be summer-like: with extreme holiday season and the changing economic and social environment have resulted in a strong drop in the number of transactions last seen in the epidemic-hit May 2020, according to the executive summary of the latest Duna House barometer. In July 2022, the property agency Duna […]

Number of Sales and Mortgage Loans Amounts Down

Aug 1, 2022

The number of sales and the amount of mortgage loans for housing fell significantly in July, with the number of transactions down to 8,978 and the amount of contracts amounting to HUF 110 billion, the real estate brokerage Duna House said in an estimate posted on the Budapest Stock Exchange (BSE) website on Monday. The […]

Duna House Barometer: Higher Prices, Declining Sales

Jul 19, 2022

The changing economic situation is also affecting the real estate market. The Duna House Demand Index showed a steady decline in the second quarter of the year, with the number of transactions also lagging compared to the same period last year. However, price growth did not stop, and all price indices increased in nominal terms […]

Strong Investor Activity on Hungary's Property Market

Apr 21, 2022

The National Residential Property Price Index of Duna House representing the overall average closed at a record high 231 points nominal again in Hungary in the first quarter of this year. In real terms, the increase was slower and the index currently stands at 144 points, compared to the previous 135, according to the latest […]

Real Estate Sales in Hungary Up by 15% in 2021

Jan 3, 2022

According to estimates by the real estate brokerage firm Duna House, based on its own data, there were 150,974 sales on the Hungarian real estate market last year, which is 15% higher than in 2020, the company told the state news agency MTI on Monday. The real estate distributor estimates that the 11,422 real estate […]

Duna House: Significant Rise in Third Quarter Profits

Nov 30, 2021

Duna House Group continued its march in the third quarter of 2021: its quarterly revenue jumped to HUF 3.8 billion (+72% y/y) and its clean core EBITDA jumped to HUF 667 m (+47% y/y). The Group’s clean core proft after tax (PAT) rose by 54% to HUF 494 mn. With an outstanding performance in the […]

Holiday Homes and Investment Property on the Market

Sep 1, 2021

According to estimates by the Duna House property agency, the number of sales transactions on the Hungarian residential property market recoiled and returned to early 2021 levels in the second month of the summer. The 11,185 transactions forecast by the property agency exactly equals the January 2021 and early summer 2020 figures, when the market […]

Profitable Start to the Year at Duna House Group

May 29, 2021

In the first quarter of 2021, the real estate business Duna House Group has significantly improved its profitability, while its EBITDA (earnings before interest, taxes, depreciation, and amortization) to sales ratio increased to 17%, while its clean core EBITDA reached HUF 471 million, which is 27% higher than in Q1 2020. A report on the […]

No Significant Reduction on the Real Estate Market

May 11, 2021

In its monthly Transaction Number Estimate and Mortgage Forecast, the Hungarian real estate firm Duna House shows that in April 2021 13,511 property transactions were concluded and residential mortgage contracts worth HUF 92-93 billion were signed in the whole of Hungary. The report states that following the exceptional rally of Q1 2021 property market activity […]

More Young Real Estate Buyers Projected

Feb 7, 2021

One-fifth of the adult Hungarian population is planning to buy real estate this year, and the majority of prospective buyers are the youngest, aged 18-29, according to a joint research by Duna House and Reacty Digital. Károly Benedikt, the head of analysis at the Duna House property agency, highlights that in the last two years, […]

Strong January Figures on the Property Market

Feb 3, 2021

The Hungarian residential property market started the new year with the strongest January figures of the past five years. The 11,185 transactions estimated by Duna House property agency tells the story of a 13% stronger turnover than in January 2020. The increase in demand had made itself felt in the data recorded by the property […]

Property Market: Stable Indices and Stagnating Prices

Jan 20, 2021

Based on the estimates of Duna House. a total of 34,000 transactions were concluded in Q4 2020, which reflects almost the same activity level as a year before. December 2020 was marginally stronger than the same month in the previous two years and brought more than 10,000 property sales in total. The combined figures published […]

Duna House Group Closes 2020 with All-Time High Volumes

Jan 8, 2021

Duna House Group reports to have been out of the COVID-crisis by the fourth quarter of 2020. Besides the Group's real estate brokerage arm that reached new highs in Q3 2020 and grew by 13% year-on-year in the next quarter, the loan brokerage business line also reached new records with 34% year-on-year growth. A summary […]

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