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Despite weaker sales, mortgage lending expanded sharply, with new housing loan contracts totaling HUF 240 billion, up 79% year‑on‑year.
Analysts attribute the surge to easing interest rates and renewed buyer confidence, though transaction volumes remain below pre‑pandemic averages.
The data suggests that while financing activity is rebounding, actual property turnover continues to lag, reflecting cautious consumer sentiment and delayed purchasing decisions.
Market observers expect gradual stabilization through mid‑2026 as lending conditions improve and demand adjusts to new price levels.
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