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Homes Sales In Hungary Down 12% Last Year

• 7 Jan 2021 10:15 AM
• Budapest Business Journal

Home sales in Hungary came to 10,354 in December, up 2% from the same month a year earlier but falling 9% from November, real estate broker Duna House said yesterday, according to telex.hu.

In the full year 2020, home sales in Hungary amounted to 131,460, down 12% from 2019, it added.

In March, April and May 2020, the turnover of the real estate market was almost 40% lower than in the previous year, with the lowest point being reported in April.

Duna House estimates 2021's home sales will come to between 130,000 and 150,000.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

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