Housing Market Revived in February
Photo by Fabio Balbi / Shutterstock.com
The housing market revived in February with increasing transactions and slowly strengthening demand, according to Duna House, writes profitline.hu.
By the real estate brokerage company's estimate, 6,253 sales took place nationwide last month, a 7% increase compared to January.
Among the properties sold with the cooperation of Duna House on the Buda side of the capital, 25-25% were homes of between 40-60 and 80-100 sqm.
On the Pest side, properties with a floor area between 20-40, 40-60, and 60-80 sqm were mainly for sale.
In Buda and Pest, most apartments were sold for HUF 600,000-800,000 per sqm.
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.