ADVERTISEMENT

Home Renovation Plans Picking up Slowly

Residential

Shutterstock.com

After last year's significant drop, the population's home renovation plans are only picking up very slowly, according to the July survey of GKI Economic Research, writes profitline.hu. 

It was found that 6.7% of households will definitely spend more money on their residential property in the next year, while 18.5% probably want to.

In the previous quarter, the same two ratios were 4.9% and 19.6%. 

This indicates that the proportion of families certain to renovate has increased by almost two percentage points, while the proportion of those who are more uncertain has decreased by one point compared to the previous survey.

MOL and O&GD Discover New Oil Reserve Near Tura Energy Trade

MOL and O&GD Discover New Oil Reserve Near Tura

Hungary Expects Progress From EU on Erasmus+ Matter EU

Hungary Expects Progress From EU on Erasmus+ Matter

Airport Developments Exceed HUF 130 bln Transport

Airport Developments Exceed HUF 130 bln

7th Edition of BSC Charity Beach Volleyball Tournaments Comi... In Hungary

7th Edition of BSC Charity Beach Volleyball Tournaments Comi...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.