• Home
• Channel: Property
• Home Sales Could Reach 130000 in Hungary This Year

Home Sales Could Reach 130000 in Hungary This Year

• 16 Oct 2024 5:45 AM

Home sales in Hungary could reach 130,000 this year, climbing from around 100,000 in 2023, David Valko, the chief analyst for OTP Ingatlanpont, the real estate broker of OTP Bank said.

Next year, rules allowing Hungarians to tap their savings in voluntary pension funds for home purchases could rechannel as much as HUF 1,000bn to the market, Valko said.

He noted that home sales had climbed 36pc in Q1 and 20pc in Q2, according to transactions data from the Central Statistics Office (KSH). Nominal prices could rise by 8-10pc for the full year, he added.

Erika Kasziba, in charge of business development for home lending at OTP, said local lenders' home loan outlays could double in 2024 from HUF 600bn a year earlier.

Zsuzsa Liptak, who heads OTP Group's listings portal zenga.hu, said visitor numbers were up 35pc from a year earlier. More than 1 million use the site each month, she added.

Source: 
MTI - The Hungarian News Agency, founded in 1881.

*********************************

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?
• I love it
• I like it
• I dislike it

• Home Sales Property Real Estate

Explore More Reports

Home Prices in Hungary Climb at Fastest Rate in EU

• 20 Nov 2025 5:24 AM

Home prices in Hungary rose 17.9pc year-on-year in the second quarter, climbing at the fastest pace in the European Union, the National Bank of Hungary (NBH) highlighted in a report published.



Nearly 50,000 Rechannel Pension Savings in Hungary to Buy a House

• 14 Nov 2025 7:28 AM

According to new data released by Hungary’s Central Statistical Office (KSH), foreign citizens bought 6,600 apartments in Hungary last year, spending a total of HUF 309 billion (around EUR 624 million). This represented 6.4% of all residential property transactions.



6,600 Foreigners Bought Homes in Hungary Last Year

• 14 Nov 2025 7:21 AM

Around 6,600 foreign nationals bought homes in Hungary last year, real estate broker OTP Ingatlanpont said on Thursday, citing data compiled by the Central Statistics Office (KSH).



Home Rental Rates Rise Significantly in Hungary

• 12 Nov 2025 5:16 PM

Home rental rates in Hungary rose 6.3pc year-on-year in October, data compiled by the Central Statistics Office (KSH) from listings site Ingatlan.com show.