Hungary home sales climb over 68,000 in H1

The number of homes sold in the first half of the year saw nearly a 50% rise in year-on-year terms, with more than 68,000 homes being sold, data compiled by Hungarian real estate broker Duna House revealed today.
Sales for the full year could reach 150,000, due to the effects of seasonality – second-half sales always exceed first-half ones – and the launch of expanded home subsidies, Duna House said. Nearly all of the H1 sales were resales, rather than new homes, the company added.
ADVERTISEMENT
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.