Winkler said the market would be supported by favorable macroeconomic fundamentals, such as high employment, double-digit wage growth and higher real wages, contributing to improved consumer confidence.
Delayed purchases, following very low transaction numbers in 2023, could also drive up demand, he added.
Winkler noted that home sales had climbed 16% year-on-year in the third quarter, with the number in the capital jumping 31%.
Home prices are estimated to have risen 13% nationwide and close to 15% in Budapest in Q3 from the same period a year earlier, he added.
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