László Balogh, the leading economic expert at the website, explained that in February, more than 260,000 inquiries were received for apartments and houses for sale, 25% more than in February last year.
The decrease in home loan interest rates also plays a role in this, and the base interest rate fell further last week, contributing to the lower interest rate environment.
More affordable housing loans are also crucial for buyers because those who would finance their move with a market-based loan can be more courageous.
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.
