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According to the latest MNB house price index, the annual growth rate of house prices picked up from 17.8 per cent in the previous quarter to 20.2 per cent in the capital in 2018 Q2.
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The government has decided to raise home purchase subsidies (CSOK) available for families raising two children to 10 million forints (EUR 31,000), the head of the Prime Minister’s Office said at a regular government press briefing.
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Parliament voted to phase out the state subsidy on deposits with home savings banks. The motion was passed in an expedited procedure with a vote of 125 in favour, 49 against and no abstentions.
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Output of Hungary’s construction sector climbed 24.4% year-on-year in August, data released by the Central Statistical Office (KSH) show.
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Hungarian oil and gas company MOL laid the cornerstone of its new 120-metre headquarters in the south of Budapest. The 28-storey building will be Budapest’s tallest and is expected to be completed by 2021.
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Homes sales in Hungary came to 12,787 in September, down by 6% from the same month a year earlier, property broker Duna House said, based on transaction estimates.
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