Recap of Key Housing Market Trends in Hungary
- 11 Dec 2025 7:07 AM
- Hungary Around the Clock
Demand was boosted by capital flowing from maturing government bonds into the housing market at the beginning of the year and by the launch of the Otthon Start mortgage scheme in September.
Ingatlan.com has so far registered more than 3.5 million inquiries on its website and 380,000 listings, up 7.5% year-on-year.
Although price growth slowed in the second half, asking prices in Budapest still rose by 22%, while nationwide they rose by 18-19%.
The new Otthon Start mortgage scheme is expected to bring a large supply of new-build homes priced below the Ft 1.5 million per square metre threshold, which could lead to price corrections on the used-home market in Budapest, senior analyst László Balogh noted.
The price of new homes in some outer districts is already approaching levels seen at panel homes, which may force used-home sellers to lower prices, while in some regional markets, there may be faster price growth due to more room for appreciation.
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