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propertysales

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July, Strongest Month on the Real Estate Market This Year

D&T
Aug 2, 2024

Based on the number of transactions, the previous month was the strongest month on the real estate market this year, surpassing July 2023 and 2022, the real estate broker Duna House announced. According to the real estate broker's estimate, 11,538 residential properties changed hands in July, which is an increase of 23.7% in monthly comparison […]

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 […]

Real Estate Market: Weak Start to the New Year

D&T
Feb 10, 2023

Based on estimates by Duna House, the real estate market plunged to a new low in January 2023, after stagnating in November and December. The 5,853 sales estimated by the real estate network nationwide represent the weakest start to the year in 10 years: the last time there were fewer transactions in January was in […]

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