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housingmarket

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Strong Start to the Year in the Hungarian Housing Market

D&T
Jan 7, 2025

Between December 27 and January 5, the number of inquiries for residential properties for sale increased by 8% year-on-year, and by 28% compared to two years ago, which foreshadows a strong year in the housing market, according to ingatlan.com's own advertising data, reported MTI on Tuesday. The statement quoted László Balogh, chief economic expert of […]

Housing Market Could Take Off in 2025

D&T
Jan 2, 2025

The year 2024 brought a recovery in the market for residential property for sale, partly due to lower lending rates and the additional subsidy for housing loans; according to last year's data and the current outlook, the housing market can expect to continue from momentum in 2025, according to ingatlan.com's own advertising data, MTI reported […]

Shorter Sales Time on the Housing Market

D&T
Aug 1, 2024

The fact that the time required to sell residential properties has decreased clearly shows the revival of the housing market, the Hungarian real estate site ingatlan.com reported. Based on their data, the apartments offered for sale in the second quarter were sold in an average of 94 days, while in the first quarter it took […]

Decreasing Sales and Lending in the Real Estate Market

D&T
May 23, 2023

Both the number of sales and the volume of lending in the real estate market declined in the first quarter of this year, and this low market activity is also affecting the supply side of the housing market, Sándor Winkler, head of the National Bank of Hungary (MNB), said at an online press conference. Based […]

April Slump in the Hungarian Housing Market

D&T
May 3, 2023

The Easter and spring break period caused a temporary decline in the Hungarian real estate market, with 6,787 residential properties changing hands in April, which is a thousand less than in the previous month, the real estate broker firm Duna House Group told MTI on Wednesday. According to Duna House's estimates based on its own […]

Housing Market: Subdued Demand, Booming Investor Scene

D&T
Nov 14, 2022

With subdued demand, the housing market ended October as the weakest month this year in Hungary. The 8,326 sales estimated by the nationwide real estate network Duna House were down 9% on the previous month and 28% down compared to October 2021. Rising lending rates and concerns about the energy crisis have made more and […]

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