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For the period January-September, home sales increased by 2.88% to 118,360.
XpatLoop Media Partner
Hungary’s housing construction sector showed no signs of recovery in 2024, with the number of new homes built and construction permits issued continuing to fall, according to KSH.
First-time home buyers accounted for one-quarter of home buyers in Budapest in January and 28pc of buyers elsewhere in Hungary, listed real estate broker Duna House said based on its own figures.
The government's priority when it comes to the planned development project in Budapest's Rakosrendezo area "is to serve the good of local residents," Janos Lazar, the minister of construction and transport said.
Home prices in Hungary rose 9.4pc year-on-year in January, listings site ingatlan.com said.
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