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Output of the building segment increased by 32.7% and civil engineering output grew by 24.8%.
XpatLoop Media Partner
Demand on the Hungarian home market is "lively" and could increase further in 2025, although home purchases for investment will dominate, Sandor Winkler, a department head at the National Bank of Hungary (NBH), said presenting the central bank's latest report on the market.
The government will re-launch its home renovation subsidy programme "to ensure financial security and prosperity to families," the minister of culture and innovation told a press briefing.
Home prices in Hungary rose 10pc year-on-year in October, listings site ingatlan.com said.
Home prices in Hungary rose 6.5pc year-on-year in August, after climbing 6.4pc in July, listings site ingatlan.com announced.
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