Home Sales Explode in Hungary

  • 4 Mar 2024 6:44 AM
  • Hungary Around the Clock
Home Sales Explode in Hungary
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.

Home sales rose above 10,000 for the first time since mid-2022, Portfolio adds.

According to Duna House, the increasing activity in the home market will definitely continue in the first quarter, as a result of home building subsidies and falling loan rates.

Customer interest remains strong, indicating a strong March as well, the agency added.

********************************************************************************************
You're very welcome to comment, discuss and enjoy more stories, via our Facebook page: 
Facebook.com/XpatLoopNews + via XpatLoop’s groups: Budapest Expats / Expats Hungary


You can subscribe to our newsletter here:
XpatLoop.com/Newsletters

Do you want your business to reach tens of thousands of potential high-value expat customers?
Then just contact us here!

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

  • Home Sales Drop Drastically in Hungary

    Home Sales Drop Drastically in Hungary

    • 3 Mar 2026 12:26 PM

    Home sales in Hungary dropped 22.7pc year-on-year to 8,769 in February, a monthly estimate by listed real estate broker Duna House shows. The decline was from a high base, Duna House noted.

  • Panel Houses in Budapest May Soon Hit Price Ceiling

    Panel Houses in Budapest May Soon Hit Price Ceiling

    • 2 Mar 2026 6:53 AM

    An analysis from real estate analysis site Ingatlan.com suggests that Budapest's communist-era prefabricated concrete panel‑housing market may soon hit a price ceiling as the Home Start program brings thousands of new, energy‑efficient apartments to market at under HUF 1.5 million/sqm.

  • Iconic Art Nouveau Hotel Reborn in Pécs

    Iconic Art Nouveau Hotel Reborn in Pécs

    • 23 Feb 2026 7:14 AM

    The iconic Art Nouveau-style Palatinus Grand Hotel in downtown Pécs reopened late last year after an extensive renovation that began in 2020, Portfolio writes.