Listen to the audio version of this article (generated by AI).
Listen to the audio version of this article (generated by AI).
In the capital, home prices climbed 21.3%.
In a month-on-month comparison, home prices edged up 1.1% nationwide and increased 1.4% in Budapest.
Ingatlan.com analyst László Balogh said the listings sample for the price gauge had grown by 20% from a year earlier and pointed to an increase in demand with the launch of the Home Start subsidized credit scheme for first-time home buyers.
The average price for a resale home listed in Budapest stood at HUF 1.36m/sqm in September. In county seats and cities with populations over 50,000, the average price reached HUF 771,000/sqm.
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.
