ADVERTISEMENT

35% More Properties for Sale y.o.y. in April

Residential

Photo by Andrey_Popov / Shutterstock.com

There were 136,000 residential properties for sale on the real estate market at the end of April, 35% more than a year earlier, ingtlan.com reports, based on its own data.

Meanwhile, demand was a third lower in April than a year earlier.

The real estate website highlighted that the demand, as indicated by the number of inquiries, has decreased on an annual basis, but in the first four months, it was 20% higher than in the last four months of last year.

In addition to the usual seasonality, that is explained by the fact that customers' fear of utilities has eased in the real estate market.

ADVERTISEMENT

Hungary Trade Surplus at EUR 308 mln in April Trade

Hungary Trade Surplus at EUR 308 mln in April

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Gloster Acquires P92 IT Solutions Deals

Gloster Acquires P92 IT Solutions

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov... History

Landmark Budapest Dept Store to Reopen After HUF 8 bln Renov...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.