In the capital, home prices rose 19pc.

Month-on-month home prices edged up 0.8pc nationwide and were 1.2pc higher in Budapest.

Ingatlan.com analyst Laszlo Balogh highlighted significant differences in price increases from region to region.

Buyers' bargaining position may improve in the summer, because at this time, buyer activity is traditionally more subdued in the real estate market.

This seasonal effect, as well as the current high price level in Budapest, indicates that no significant changes are expected in the capital's sales market in the coming period.

Outside of Budapest, the markets of settlements with lower housing prices may be more active.

Home sales could reach 155,000 in 2025 - OTP

Home sales in Hungary could reach 155,000 in 2025, climbing from an estimated 130,000-135,000 in 2024, an analysis by the mortgage arm of OTP Bank, the country's biggest commercial lender, shows.

OTP Mortgage Bank said sales could be boosted by the improved macroeconomic situation, lower interest rates, new forms of state support, maturities of retail government securities and a measure allowing Hungarians to tap their voluntary pension savings for home purchases.

Home prices could rise 15pc, on average, according to the lender's report.

Home prices climbed 13.8pc in 2024, preliminary data from the National Tax and Customs Authority (NAV) shows. Adjusted for inflation, home prices rose 8pc in the capital and 9pc in county seats and cities with populations over 50,000.


Source: MTI – Hungary’s national news agency since 1881. While MTI articles are usually factual, some may contain political bias, and readers should be aware that such content does not reflect the position of XpatLoop, which is neutral and independent.

Since the goal of XpatLoop is to keep readers well briefed, right across the spectrum of opinions, MTI items are shared to ensure readers are aware of all narratives within the local media.

XpatLoop believes in empowering readers to form their own views through complete and comprehensive coverage. To facilitate this XpatLoop has a balanced range of news partners, as you can see when you surf around XpatLoop.com

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