The number of new homes handed over nationwide rose 22.4pc to 6,278. Home completions in the capital increased 22.1pc to 2,224.

The number climbed 31.7pc to 969 in county seats and cities with populations over 50,000, and increased 21.6pc to 1,828 in smaller cities. In Hungary's smallest settlements, the number rose 17.6pc to 1,257.

Detached homes accounted for 47pc of completions. Homes in buildings with multiple dwellings made up 46pc of the total and homes in residential parks 4.1pc.

The average new home size was 94.5sqm.

The share of homes built by businesses stood at 68pc.

The data show 745 homes were demolished or condemned.

The number of home building permits issued climbed 29.3pc to 16,588. The number of permits issued for homes in the capital rose 9.5pc to 6,560.

The number issued for homes in county seats and cities with populations over 50,000 jumped 35.8pc to 3,273. The number issued in smaller cities surged 55.0pc to 3,738.

In the country's smallest settlements, the number of home building permits issued climbed 49.7pc to 3,017.

Full report available here

Photo: Pixabay

Source: MTI – Hungary’s national news agency since 1881.

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