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Home Sales Climb 21% in Hungary

• 3 Jan 2024 9:00 AM
• Hungary Matters

Home sales in Hungary rose by an annual 21% to 7,813 in December, a monthly estimate by listed real estate broker Duna House shows. For the full year, home sales reached 90,840, down 27% from 2022.

 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.

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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.

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