Hungary's Housing Market Maintains Momentum

  • 10 Feb 2015 8:00 AM
Hungary's Housing Market Maintains Momentum
The property market got off to a good start this year with home sales rising above 9,000 in January, 50% more than in the same month of last year, real estate agency Duna House estimated. This signals that the momentum that began last year has lasted.

Duna House projects full-year sales to reach 140,000 in 2015.

Half of the January buyers purchased real estate in Budapest for investment purposes.

Most deals in the city were struck for homes of 44-60m2 in size at prices of Ft 5-10 million.

Source: Hungary Around the Clock

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