Second-hand apartments more expensive

Residential

Second-hand apartments in Budapest became more expensive, but the growth rate of the price increase experienced before the epidemic has slowed, Gábor Soóki-Tóth, head of analysis at Otthon Centrum, said in his summary of the market during the first four months of the year, business daily Világgazdaság reports.

According to the sales data of the real estate network, the average price per square meter was HUF 835,000 in Buda, HUF 762,000 in the city center, and HUF 606,000 in the outer districts of Pest.

This translates as a 5% decrease in the city center, a 5% increase in the outer districts of Pest, and a 6% increase in Buda compared to the first four months of 2020.

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