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.
Gergely Karacsony, the mayor of Budapest, on Thursday said he is filing a request for data of public interest with the National Asset Manager (MNV) for the documents on a previously planned tender for the project to redevelop the capital city's Rakosrendezo area.
Fidesz, "scared of public anger and uproar", has "dropped" the contested "Maxi-Dubai" development project for the Rakosrendezo area in Budapest, Peter Magyar, the leader of opposition Tisza said.
Home sales in Hungary climbed 11pc year-on-year to 9,267 in January, a monthly estimate by listed real estate broker Duna House shows.
Commercial real estate company Colliers pointed to an expected pickup in investment activity on the local market in 2025, supported by an improvement in sentiment, interest rate cuts by the ECB and the arrival of FDI from Asia in an assessment.










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