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.
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.
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.
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.
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