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Friday 24 Nov 2017
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KSH: New Home Prices Up 8.2% In Q1
Average new home prices rose by 8.2% in the first half of 2017 while the price of resale homes increased 9.3%, according to a summary of data published by the Central Statistical Office (KSH). Prices for new homes have risen for four and a half years in a row for new homes and for three and a half years for resale homes. more »
Owning Property Tops Savings Priority List Of Young Hungarians
More than half of young people save on a monthly basis in Hungary, but they have a completely different priority list to their European counterparts in terms of savings, a report by credit management services firm Intrum Justitia reveals. more »
KEHI Investigates PMO Land Sale
Through a direct order of Prime Minister’s Office leader János Lázár the government monitoring office KEHI launched an investigation into the sale of a piece of land by the PMO in Budapest’s 11th District near Lake Feneketlen, weekly Heti Válasz learnt. more »

Court: Sale Of Natura 2000 Property Unconstitutional


Court: Sale Of Natura 2000 Property Unconstitutional
The Constitutional Court has ruled that the current regulation of the sale and utilisation of “Natura 2000” lands breaches the basic law. Farmland classified as “Natura 2000” can be farmed only by observing specific environmental requirements to preserve wildlife in the area. more »

Gov’t Housing Subsidies Target The Wealthy To The Detriment Of Poor Households


Gov’t Housing Subsidies Target The Wealthy To The Detriment Of Poor Households
While the government has been continuously increasing the rate of housing subsidies aimed at the wealthier segments of society, households most in need are getting left behind according to Habitat for Humanity Hungary’s annual report on housing poverty. Habitat for Humanity Hungary’s (HFHH) report draws a picture of a housing policy that is increasingly aimed at the wealthier and neglects the problems of actual housing poverty, reports abcug.hu. more »

Young Hungarians Put Savings Aside For Homes


Young Hungarians Put Savings Aside For Homes
Young Hungarians consider saving money important, and more than half of them save money every month. The main goal is to buy a home, according to a recent survey conducted at the end of last year by Intrum Justitia. more »



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