After years of restraint, interest in home improvement is rising, with 29% of homeowners planning renovation projects this year, a 12 percentage point increase compared to data from three years ago.
Most prospective renovators intend to finance the work from savings, while one in five plans to supplement funds with a loan, typically a HUF 2 million–3 mln personal loan.
Many are also exploring preferential financing options tied to state home renovation subsidies.
With most respondents expecting continued inflation in the construction sector, those with stable financial conditions are increasingly moving forward with delayed projects.
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