However, the growth rate of national rents has slowed, with only a monthly price increase of 0.7% in May, according to the KSH-ingatlan.com rent index.
Explaining the data, László Balogh, the leading economic expert of ingtalan.com, said that in a year-on-year comparison, national rents increased by an average of 10.5%, and those in Budapest by 10.8%.
On an annual level, average rents increased by 11.2-14.7% in Southern Transdanubia and the Northern and Southern Great Plain regions, higher than the national and Budapest price increases.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
