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New Home Prices Rose By 7.8 Pc In Hungary
Average new home prices rose by 7.8 percent in the first three quarters of 2017 while the price of resale homes increased by 7.5 percent, according to a summary of data published by the Central Statistical Office (KSH). more »
Employers Can Provide Tax-Free Support To Employees’ Home Purchases
Companies can provide tax-free support of up to 5 million forints (EUR 16,100) to employees’ housing loan repayment, home purchases, construction, expansion, refurbishment or making their home wheelchair-accessible, state secretary for tax affairs András Tállai told MTI. The allowance of up to 83,000 forints a month is also available as part of the cafeteria benefit system, Tállai said. more »
New Home Prices Growing Steadily In Hungary
Residential real estate prices continued to grow in the third quarter of 2017, both compared to the previous quarter and year-on-year. Prices rose not only in Budapest, but in other cities too. more »

Budapest Flat Rental Price Growth Stagnates In January


Budapest Flat Rental Price Growth Stagnates In January
According to data compiled by property listing site ingatlan.com, flats for rent in Budapest under HUF 100,000 per month are significantly fewer than 5-6 years ago. Currently more than half of flats offered for rent cost between HUF 100,000 and HUF 150,000, business daily Világgazdaság reports. more »

Construction Output Climbs By Over 30% In Nov


Construction Output Climbs By Over 30% In Nov
Output of Hungary’s construction sector rose by an annual 30.7% in November, the Central Statistical Office (KSH) said. The increase came from a low base. more »

More Hungarians Move Towards Renting Homes


More Hungarians Move Towards Renting Homes
Hungarians are increasingly choosing to rent their homes rather than buy them. This is leading to changes on the real estate market as investors buy more homes to let out, according to a report on online news portal nepszava.hu. more »



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