Duna House estimated that mortgage outlays came to 67 billion forints (EUR 174.6m) in December, up 63% from the same month a year earlier.

For the full year, mortgage outlays fell by around 51% to 586 billion forints.

This year, voluntary rate caps at lenders and subsidised credit for borrowers with children could lift outlays to 750-850 billion forints, Duna House said.