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Government Home Purchase Subsidy Scheme Has Helped 240,000 People So Far
The government’s family home creation subsidy scheme (csok) has provided assistance to about 240,000 people so far, state secretary of the Prime Minister’s Office Csaba Dömötör said on Saturday. more »
Home Price Gap Hinders Mobility
In some parts of Budapest the average home price rose by 84% over the last five years while the increase was 50% in Gyõr-Moson-Sopron county; in poorer regions, however, homes remain inexpensive, Népszava said on Wednesday. more »
Ghost Hotel Of Budapest’s Rózsadomb To Be Replaced With An Even Taller Luxury Apartment Building
New information was released about the renovation of the currently abandoned building of the former SZOT Resort on Rózsadomb (Rose Hill). News site Hvg.hu has discovered that the BVA (Budapest World Heritage Foundation) is considering filing a lawsuit, as the new building would be even taller than the former resort. more »

Construction Sector Output Jumps 23.8 Pc In September


Construction Sector Output Jumps 23.8 Pc In September
In September 2017, output volume in the construction sector grew by 23.8 percent year-on-year. Besides the Government’s housing measures, the sector’s robust expansion has also been the result of private and public sector projects. more »

Residential Property Market Upswing Continues


Residential Property Market Upswing Continues
The housing market in Hungary shows signs of change: although the number of sold residential properties has decreased, prices have continued to climb. The new homes market is booming. more »

Gov’t Expands Clemency Period For Evictions


Gov’t Expands Clemency Period For Evictions
Parliament recently modified the law on evictions, expanding the winter ban on evictions of December to February to November 15 to April 30, president of the court-appointed receiver association György Schadl told Magyar Idõk. more »



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