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Courtyard of an apartment house in Budapest

Housing Market Prognosis by the National Bank

D&T
May 27, 2021

In 2020, the effects of the pandemic were reflected in a decline in the number of transactions, rather than in developments in house prices. The number of transactions fell by 15.5%. In Budapest, they declined even more sharply, by 25.1%. Although domestic house prices rose further on a national average, the annual nominal growth rate […]

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