The sales of studio flats dropped and the floor space of flats sold increased, and both tendencies are expected to prevail throughout 2008. Property investors expect a flagging interest in H2, especially with households, and they only trust in foreign investors.
Property sellers forecast a 5.5% growth in sales in H2. Property market players prognosticate inflation in the sector of 6.9% to 10.2% for 2008. Purchase prices might rise by 5.7% to 11%, rents are expected to see a 5.5% rise on average, say experts. The number of flats rented out is increasing, so is the duration of the rental period. In H1 central-Hungary saw the highest property prices, as well as the most diversified offers, said leading researcher Lenke Pólya. (Gazdasági Rádió)
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