Shocking Decrease of Home Constructions in Hungary
- 1 Aug 2024 12:15 PM
- Hungary Matters
The number of completed homes was down by 18% year on year in the first half of 2024, at 6,027, the Central Statistical Office (KSH) said.
Building permits issued in the period were also down by 18%, at 8,972, KSH said.
Budapest saw the completion of 2,124 new homes, down by an annual 8.3%.
Home constructions were down year on year by 20% in county seats, 27% in other cities and 19% in other localities, KSH said.
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