Home Sales In Hungary Down 6% In September
- 2 Oct 2018 7:53 AM
- Hungary Matters
For the period January-September, home sales increased by 2.88% to 118,360.
For the period January-September, home sales increased by 2.88% to 118,360.
Homes in Hungary sold for an average HUF 45.2m in 2024, up 13pc from a year earlier, data compiled by listed real estate broker Duna House show.
After this year's reversal of trends, a strengthening real estate market in terms of transaction numbers and prices, an ever-widening customer base, and a further 10pc expansion of the credit market are expected next year, listed real estate broker Duna House said in its forecast for 2025.
A mega real estate deal is being planned whereby the landholdings of Budapest's four major train stations would be leased out for 99 years and developers would be able to commercialise the stations and their surroundings "for free", David Vitezy, the leader of the Podmaniczky Movement in the city assembly, has said.
Known as the largest modern shopping center in Central Europe when it opened, the Westend Shopping Center has reached its 25th Anniversary.
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