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.
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Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.
Demand for residential properties in Hungary fell by close to 20pc from a month earlier in October, while it was down just 1.5pc from the same month last year, listings site Ingatlan.com said.
The average price for homes in pre-fabricated communist-era apartment buildings climbed 38pc in January-September to HUF 1.14m/sqm, real estate broker Otthon Centrum said.
Futureal, the owner of the Etele Plaza shopping and entertainment centre, has agreed with a consortium of three banks to refinance its existing loans and provide a new credit facility
The average prices of newly built homes in Budapest rose 15.5pc year-on-year to HUF 1.77m per sqm in the third quarter, listed real estate broker Duna House said on Monday citing data from Eltinga.













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