- 31 May 2016 9:00 AM
It added that the number of new homes could rise to 10,000-12,000 this year from 7,600 in 2015, lifted by the government’s home purchase subsidy scheme and a simplified procedure for obtaining building permits.
Otthon Centrum’s data show the price of resale homes in the capital rose almost 30% year-on-year in the first quarter of this year.
The price of new homes was up 25% and prices of detached homes rose 15%. In other cities around the country, prices were up 5-15%.
Republished with permission of Hungary Matters, MTI’s daily newsletter.