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.
Homes in pre-fabricated communist-era apartment buildings sold on average 50 days after they were listed in the second quarter, compared to 80 days half a year earlier, real estate broker Otthon Centrum said.
Home sales in Hungary fell 17.7pc year-on-year to 9,492 in July, a monthly estimate by listed real estate broker Duna House shows.
The government's recently announced Home Start programme, which will offer subsidised credit to first-time home buyers, could reshape Hungary's rentals market, mitigating rising rents and boosting supply, property listings site ingatlan.com said on Monday.
Home rental rates in Hungary rose 7.3pc year-on-year in June, data compiled by the Central Statistics Office (KSH) from listings site Ingatlan.com show.










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