"Construction industry output was down 6.2% year-on-year in December, less drastic than the 14.2% figure in November, the Central Statistics Office reported. more »

"Home prices are expected to drop 9% this year after adjusting for inflation, according to mortgage bank FHB. Prices fell an inflation-adjusted 7.5% last year. more »

"More companies will go bust in Hungary’s construction sector in 2010 than in 2009, company information hub Opten projected on Tuesday. Although the rise in the number of construction businesses under bankruptcy proceedings was slightly less dramatic in January 2010 than a year earlier, there has been a virtually uninterrupted increase since Q3 2008. more »