36 residential projects launched outside capital

Residential

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There were 36 residential development projects launched in big cities outside of the capital in the first quarter, 24% more than in the same period a year earlier, real estate broker Otthon Centrum said on Friday, according to mfor.hu.

New home prices in county seats and cities with populations of more than 50,000 rose 10% to HUF 661,000 per square meter during the period, Otthon Centrum said.

Prices were highest in Debrecen (225 km east of Budapest), the country's second-biggest city, at HUF 871,000 per square meter.

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