Duna House: Home prices rise slowly in Q4
The price of homes in Hungary continued to rise in the fourth quarter of last year, however, at a slower pace than in the preceding quarter, real estate broker Duna House said today in a report.
Based on nominal rates at the end of 2015, the countrywide home price index stood at 104 points in Q4, Duna House said, increasing from 101 points at the end of Q3, while based on the real rate, the index was up to 83 points from 80.
The rise in home prices slowed for both brick and pre-fabricated homes, as well as communist era flats, Duna House data reveal.
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.