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Two more residential developments eligible for Home Start credit for first-time home buyers are set to be designated "priority" projects, according to a draft decree published by the government, state secretary Miklos Panyi said in a post on Facebook on Monday.
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The number of home transactions in Hungary will have reached 160,000 by the end of the year, Ingatlan.com said in an annual recap.
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Home prices in Hungary rose 18.6pc in November, listings site ingatlan.com said. In the capital, home prices climbed 24.1pc.
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Hungary ranks among the top EU countries for home ownership, with 91.6% of households living in owner-occupied homes in 2024, according to Eurostat, the statistical office of the EU.
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Seventeen of the 20 most expensive streets in the country in 2024 were located in Budapest, according to freshly updated data from the KSH Property Price Register.
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Home prices in Hungary rose 17.9pc year-on-year in the second quarter, climbing at the fastest pace in the European Union, the National Bank of Hungary (NBH) highlighted in a report published.
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