The number of new homes handed over nationwide rose 4.3pc to 2,821. Home completions in the capital increased 13.3pc to 955. The number climbed 13.5pc to 471 in county seats and cities with populations over 50,000, and increased 1.2pc to 833 in smaller cities. In Hungary's smallest settlements, the number fell 9.8pc to 562.

Detached homes accounted for 54pc of completions. Homes in buildings with multiple dwellings made up 42pc of the total and homes in residential parks 0.7pc.

The average new home size was 98.9sqm.

The share of homes built by businesses stood at 66pc.

The data show 391 homes were demolished or condemned.

The number of home building permits issued jumped 64.4pc to 9,291. The number of permits issued for homes in the capital surged 35.9pc to 3,634. The number issued for homes in county seats and cities with populations over 50,000 increased 92.1pc to 2,056.

The number issued in smaller cities rose 79.6pc to 1,836. In the country's smallest settlements, the number of home building permits issued climbed 99.4pc to 1,765.

Photo: Pixabay.com

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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