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.

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