New Home Sales In Hungary At Three-Year High

  • 23 Jul 2014 9:00 AM
New Home Sales In Hungary At Three-Year High
Sales of new homes in Budapest reached a three-year high in the first half at 1,020, mortgage bank OTP Jelzálogbank reports. The 11th District led the way with over 200 new homes sold. Overall, 1,500 new homes are on the market.

“Although we are far from the peak years of 2005-06, when the half-year figure was above 5,000, a slow recovery in demand began last year,” observed the bank’s analyst Dávid Valkó.

Source: Hungary Around the Clock

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