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Home sales edge down from previous months in August

Sustainability

A little more than 11,000 homes changed hands in Hungary in August compared to around 12,000 in the previous months, real estate broker Duna House said. 

Duna House attributed the decline to seasonal effects. At the same time, the number of transactions in August 2014 was 23% lower, and home sales came to a little more than 7,000 in August 2013.

In January-August 2015, the number of home sales came close to 92,000, more than the annual sales for several years following the 2008 crisis, Duna House said.

In the same period last year, the number of transactions was around 64,000, 44% less than in the first eight months of this year.

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