Home Sales in Hungary Down 7% in September

  • 14 Oct 2021 12:20 PM
  • Budapest Business Journal
Home Sales in Hungary Down 7% in September
Home sales in Hungary fell 7% year-on-year to 11,807 in September, as more Hungarians than usual went on vacation, listed real estate broker Duna House said in a monthly report released this week, according to business daily Világgazdaság.

September home sales were down by 11.5% from the same month in 2019.

Home sales in January-September increased 20% year-on-year to 117,004, up 1.3% from the same period of 2019, Duna House said.

If the housing market is active in the fall, then home sales could be around 150,000 in 2021, around 15% higher than in 2020, Duna House predicted.

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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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