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.
The price caps in the programme for the 3 percent fixed rate Home Start credit for first-time home buyers will prevent real estate prices from rising, the parliamentary state secretary at the Prime Minister’s Office said.
The government’s subsidised 3pc home loans scheme for first time buyers could nearly double the number of home construction projects from their current level by 2026 to 20,000-25,000 new homes, listed real estate broker Duna House said in a press release.
A large-scale development encompassing sports and cultural facilities is being planned for the southern end of the Óbuda Island in Budapest.
A subsidised credit scheme for first-time home buyers could reduce rents by easing demand and increasing supply, especially in the capital and university towns, listed real estate broker Duna House said in a press release on Thursday.










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