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Hungarian property developers have won five gold and a silver medal at the FIABCI World Prix d’Excellence competition in Paris, FIABCI’s Hungarian chapter told MTI on Friday.
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Households rushed to take out home loans in April before the financing costs of new mortgage loans rose further, according to the latest figures from the MNB.
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The prices of vacation homes around Lake Balaton have nearly doubled over the past two years, business daily Világgazdaság said, citing data compiled by listings site Ingatlan.com.
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First-time home buyers accounted for 18% of home purchases in Budapest in the first quarter, down from 26% in 2021, 25% in 2020 and 22% in 2019, property agency Duna House estimates.
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There is a significant rise in prices in the national rental market, according to profitline.hu.
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Romanian online retailer eMAG may invest €100 million in building a logistics base near Budapest, Reuters reported.
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