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Despite the month‑on‑month improvement, transaction volumes are still far from the stronger levels typically seen in recent years, when February figures regularly exceeded 10,000.
Analysts note that weak demand in January continued to weigh on February’s performance, keeping market momentum subdued. In contrast, the mortgage market showed notable strength with HUF 250 billion in home‑loan contracts, up 6.4% from January and more than double last year’s level.
The Home Start Program largely drove the increase.
This divergence suggests that while buyer activity remains soft, state‑supported financing is helping stimulate borrowing even in a slower property market.
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