Housing Market Tightens in Hungary
- 18 Nov 2022 6:19 AM
- Hungary Matters

The NBH’s Home Market Report noted that demand for homes in the third quarter fell by an annual 35% in the capital and were down 36% in the rest of the country.
The NBH’s Home Market Report noted that demand for homes in the third quarter fell by an annual 35% in the capital and were down 36% in the rest of the country.
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Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.
Budapest features a wild mix of different architectures. As a result, a visit to the Hungarian capital offers the opportunity to see examples of the main styles developed in European history.
Investors accounted for more than 40% of home purchases in Budapest in every month of 2022 except June, listed real estate broker Duna House said.
The banking sector extended a total of Ft 138 billion in new household loans in October, down by 38.3% from a year earlier, the MNB announced on Friday.
Housing prices were up 22.8% year-on-year in the second quarter, and rose by 5.2% from the previous quarter, the Central Statistics Office announced as it released its preliminary figures on Thursday.
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