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Home Sales Slumping in Hungary - Set to be Lowest Level in Last Eight Years

• 6 Dec 2022 7:28 AM
• Hungary Around the Clock

Home sales totalled 8,000 in November, making it the weakest month this year, according to estimates by property agency Duna House.

Sales were down by 4% from October, and were 27% lower than one year earlier.

Slightly more than 118,000 home sales were concluded in the first 11 months of 2022, down by 21% year-on-year.

With December traditionally the weakest month of the year, Portfolio estimates total sales for 2022 at 125,000-127,000, the lowest level in the last eight years.

MTI Photo

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