Potential homebuyers on holiday impact sales in Sept too

Residential

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Home sales in Hungary fell 7% year-on-year to an estimated 11,807 in September as the impact of an uptick in the number of vacationers spilled over from the summer months into the early fall, listed real estate broker Duna House said, according to a report by state news wire MTI.

Duna House noted that the estimated number of transactions was up 4.5% from August.

The company augurs an "active fall market" and puts full-year transaction numbers around 150,000, up 15% from 2020.

Duna House estimated Hungarians signed for HUF 125 billion of mortgage loans in September, up 65% from the same month a year earlier.

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