Duna House analysts attributed the slowdown to the "changing economic situation" and dearer credit.

Third-quarter home sales fell 19% year-on-year to 28,000, Duna House said, putting full-year transaction numbers at 120,000-130,000.

Mortgage outlays came to HUF 264 billion in Q3, down 30% from the same period a year earlier, Duna House added.