Compared to the preceding year, 31% more (9,994) news dwellings were built in 2016. The total number of issued home construction permits issued and simple declarations was 31,559, more than two-and-a-half times higher than in 2015, according to data by KSH.

The number of dwellings built increased in all types of settlements, though there was a higher than average increase in towns of county rank (49%) and in Budapest (44%), KSH reported. However, the proportion of dwellings built by individuals fell from 59% to 49%, while that of dwellings built by enterprises increased from 39% to 50%, KSH added.

Among the newly built homes, the proportion of family houses fell from 60% to 51% and the share of homes in multi-storey, multi-dwelling buildings increased from 33% to 42%, KSH data shows, while the average floor-area of homes decreased by 7 sqm to 94 sqm.