Home Sales Climb 21% in Hungary

  • 3 Jan 2024 9:00 AM
  • Hungary Matters
Home Sales Climb 21% in Hungary
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.

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Matters

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.

  • Housing Market Heating Up in Hungary

    Housing Market Heating Up in Hungary

    • 15 Aug 2024 11:33 AM

    Housing sales surged 89% year-on-year to 11,538 in July, the highest figure to date in 2024, and a 24% increase from the previous month, real estate broker Duna House said in a monthly estimate.

  • Pickup Expected in Balaton Property Market

    Pickup Expected in Balaton Property Market

    • 17 Jun 2024 5:03 PM

    Real estate agents are expecting a revival in the holiday property market, and buyers are expecting an expanding offer at Lake Balaton, writes business daily Világgazdaság [Global Economy], according to data from Duna House.

  • Home Sales Explode in Hungary

    Home Sales Explode in Hungary

    • 4 Mar 2024 6:44 AM

    There were 10,754, homes sold in February, a 72% rise from a year earlier, when the housing market was in an abyss, according to an estimate by property agency Duna House released.

Enjoy more

property CHANNEL SPONSOR

Share your story

We're interested in your stories, and photos, related to expat life in Hungary. Your contributions, and Press Releases, are invited for review before publication in the loop.

Newsletter

get in & enjoy more!

XpatLoop’s newsletter contains a hand-picked selection of fresh news, special invitations, events, movies, and more.

I understand & accept the Privacy Policy