Hungarian Housing Market Growing Rapidly

  • 2 Jul 2015 9:00 AM
Hungarian Housing Market Growing Rapidly
The number of homes sold in the first half was up 50% year-on-year at 68,000, real estate agency Duna House announced. As second-half figures are usually higher, the number of sales could reach 150,000 this year, the agency projected. A new home subsidy scheme in effect from July 1 is also expected to lift sales.

Nearly all transactions in the first half were sales of existing homes, which grew by at least 30% in each month.

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC visit and click on 'Free Trial Subscription’.

  • How does this content make you feel?