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The average price for homes in pre-fabricated communist-era apartment buildings climbed 38pc in January-September to HUF 1.14m/sqm, real estate broker Otthon Centrum said.
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Futureal, the owner of the Etele Plaza shopping and entertainment centre, has agreed with a consortium of three banks to refinance its existing loans and provide a new credit facility
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The maximum amount of non-refundable grants and interest-free loans available for applicants for upgrading the energy efficiency of family houses through a HUF 73bn programme will increase to HUF 10m from HUF 6m, the Energy Ministry said.
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The average prices of newly built homes in Budapest rose 15.5pc year-on-year to HUF 1.77m per sqm in the third quarter, listed real estate broker Duna House said on Monday citing data from Eltinga.
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Home sales in Hungary climbed 37.6pc year-on-year to 13,426 in September, a monthly estimate by listed real estate broker Duna House shows.
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Home sales rose 20pc in the first three weeks after the launch of the Home Start subsidised credit scheme for first-time home buyers, an analysis by listings site ingatlan.com shows.
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