According to economic news portal Pénzcentrum, the average selling price in the capital was HUF 73.7 million, ranging from HUF 150.2 mln in District V to HUF 42.8 mln in District XIX.
Buyers increasingly focused on well-maintained, mortgage-eligible properties in the HUF 40 mln-70 mln range and paid closer attention to value, operating costs, and financing options.
Outside Budapest, family homes dominated the market, accounting for nearly 75% of transactions in Eastern Hungary and the Southern Great Plain and almost 90% in Southern Transdanubia.
Demand remained strong for premium properties around Lake Balaton and in major cities, while interest was also high for lower-priced homes, as buyers across the country placed greater emphasis on renovation expenses and long-term affordability.
Producing journalism that is worthy of the name is a costly business. For over 30 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.
