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realestatemarket

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Housing Prices Rising Faster than Expected

D&T
Feb 10, 2025

Housing prices in Hungary rose by more than 9% in January compared to a year earlier, a faster increase than expected, real estate.com reported on Monday, based on data from its January house price index. The housing price index, which is based on the number of advertisements posted on the real estate advertising portal, shows […]

Active Start to the Year in the Domestic Real Estate Market

D&T
Feb 4, 2025

As expected, the year started actively on the domestic real estate market, with 9,267 sales in January, a 9% decrease compared to December, but almost 11% more than in January last year, Duna House said on Tuesday, based on its own estimates, according to MTI. According to the real estate brokerage's forecast, the real estate […]

Replacements for Crowded, Expensive Warehouses

D&T
Dec 16, 2024

RaktárAD, a logistics developer with a Belgian-Hungarian ownership background, has opened a new chapter in the Hungarian industrial real estate market for SMEs. There was already significant interest in the modern and customizable warehouses, which are typical of industrial condominiums, even at the start of construction, the company says in a press release. RaktárAD's portfolio […]

Year 2024 in the City Center Real Estate Market

D&T
Dec 13, 2024

The beginning of 2024 saw a slight recovery in the Budapest city center real estate market, which was, in fact, fueled by the traditional boom at the end of 2023. According to Ben-Ezra Orran, an expert at Central Home, demand has gradually increased compared to previous years, especially for newer two-room apartments. Prices on the […]

Real Estate Sales Could Total 120,000 in Hungary in 2024

D&T
Dec 9, 2024

The domestic real estate market has performed in line with preliminary expectations this year, with the number of sales expected to close around the middle of the 110-130,000 annual range, and a further 10-20% growth can be expected next year, real estate broker Duna House has said, based on its own data. The statement quoted […]

2024 Q1-3: CEE Investment Volumes Up by 24% YoY

D&T
Nov 25, 2024

CEE investment volumes hit EUR 5.0 billion in the first three quarters of 2024, up 24% year-on-year. This aligns with European and global market rebounds after a slow 2023. Year-end volumes may reach EUR 7.0 - 7.5 billion, about 30% below the 10-year average, Colliers reveals in its latest “Q1-Q3 CEE Investment Scene” report. Silviu […]

House Prices in Hungary Accelerated in October

D&T
Nov 14, 2024

Housing prices rose by 2.5% in October compared to a month earlier, compared to a monthly increase of only 0.9% in September; the year-on-year increase accelerated from nearly 7% in September to almost 10% in September, according to the latest housing price index from the Hungarian real estate site ingatlan.com. According to the portal's Thursday […]

2024 Industrial Real Estate Market Snapshot

D&T
Oct 22, 2024

The Budapest Real Estate Consultants' Forum (BIEF, BRF), which comprises CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its industrial/logistics real estate market data for Q3 2024. The statement points out that the total modern industrial stock in Hungary amounted to 5,292,750 sqm at the end of Q3 2024. […]

Real Estate Market to See Strong End to the Year

D&T
Oct 14, 2024

Experts expect a strong end to the year on the real estate market, with the 9,754 transactions estimated by the real estate brokerage firm Duna House for September exceeding the previous month's value by 4.8% and the year-earlier value by 20.9%, the company told MTI on Monday. Duna House estimates that 92,000 transactions have been […]

Residential Property Transactions Up in Hungary

D&T
Oct 3, 2024

The Hungarian real estate brokerage firm Duna House estimates that 9,754 residential properties changed hands, up 21% year on year, and that HUF 112 billion worth of housing mortgages were taken out in September 2024 in Hungary, more than double (+106%) of the base period's data. The number of transactions in the first nine months […]

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 […]

Housing Market: Unprecedented Momentum in May

D&T
Jun 12, 2023

The real estate market experienced a long-unprecedented momentum in May, with investment in the capital and moving to larger properties in rural areas motivating buyers, while nationwide, demand was focused on good condition apartments, real estate brokerage firm Duna House said on Monday. According to its estimates based on the company’s own data, 10,187 sales […]

Austrian Real Estate Giant Pulls Out of Hungary

D&T
Jun 3, 2023

CA Immo is to liquidate its Hungarian interests, with 180,000 square meters of office buildings, including Bartók House and Millennium Towers, being put on the market. Earlier this week, Hungary was classified as a non-core market from a strategic point of view by the supervisory board of Austrian real estate company CA Immobilien Anlagen, which […]

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 […]

The Housing Market Took a Spring Break in April

D&T
May 14, 2023

April brought a temporary downturn in the domestic real estate market in Hungary, with a thousand fewer transactions compared to the previous month, according to the latest barometer report published by the real estate agency Duna House. Based on Duna House's own data, the number of sales nationwide was estimated at 6,787, which is still […]

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