New Home Prices Climb Almost 9% In Q1
- 27 Jul 2018 7:48 AM
New home prices in Hungary climbed 8.8pc year-on-year in the first quarter, a market survey by the Central Statistical Office (KSH) shows.
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OTP To Buy Budapest MOM Park Complex
- 24 Jul 2018 9:21 AM
OTP Real Estate Investment Fund announced its intent to buy MOM Park. The transaction is pending approval by the competition authority.
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Construction Output Jumps 15.1% In May
- 17 Jul 2018 7:57 AM
Output of Hungary’s construction sector rose by an annual 15.1% in May, the Central Statistical Office (KSH) said.
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Cordia Starts 1,300-Apartment Development In Budapest
- 16 Jul 2018 11:48 AM
Cordia, the residential subsidiary of the Futureal Group, has announced its entrance onto Budapest’s District 9 market with a 1,300-apartment development in the Millennium Quarter.
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New Home Shortage Expected From 2021
- 10 Jul 2018 9:25 AM
Takarék Mortgage Bank, previously known as FHB Mortgage Bank, expects home prices to continue rising this year, but the pace should decelerate. Meanwhile, the government does not plan to extend the preferential 5% VAT rate for new homes.
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Metrodom Sees Demand For E-Cars Rise
- 9 Jul 2018 9:57 AM
Property developer Metrodom has completed construction of a residential property block in Budapest’s 13th District with 129 homes.
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