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housingmarket

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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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