Home Sales Set To Reach New Highs In Hungary

  • 4 Dec 2018 9:39 AM
  • Hungary Around the Clock
Home Sales Set To Reach New Highs In Hungary
The number of home sales was 12,033 in November, up by 2% from the same month in 2017 and 12% higher than in November 2016, property agency Duna House estimated.

The number of home transactions reached 143,082 in the first 11 months.

Duna House forecast that total home sales this year will exceed the 148,900 recorded last year.

The number of home sales in 2008, just before the financial crisis, was 154,000, which could be surpassed this year, according to Duna House.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

  • More First-Time Homebuyers Enter Market in Hungary

    More First-Time Homebuyers Enter Market in Hungary

    • 1 Oct 2024 5:26 AM

    First-time homebuyers accounted for 23 of every hundred transactions in the capital this year, and 26 of every 100 in the rest of the country, listed real estate broker Duna House said.

  • Home Sales Climb 14 % in Hungary

    Home Sales Climb 14 % in Hungary

    • 13 Sep 2024 7:25 AM

    Home sales in Hungary climbed 14pc year-on-year to 9,323 in August, a monthly estimate by listed real estate broker Duna House shows.

  • Housing Market Heating Up in Hungary

    Housing Market Heating Up in Hungary

    • 15 Aug 2024 11:33 AM

    Housing sales surged 89% year-on-year to 11,538 in July, the highest figure to date in 2024, and a 24% increase from the previous month, real estate broker Duna House said in a monthly estimate.

  • Pickup Expected in Balaton Property Market

    Pickup Expected in Balaton Property Market

    • 17 Jun 2024 5:03 PM

    Real estate agents are expecting a revival in the holiday property market, and buyers are expecting an expanding offer at Lake Balaton, writes business daily Világgazdaság [Global Economy], according to data from Duna House.