The number of home loan contracts signed during the period dropped 45% to 27,000.

About 62% of outlays were for resale homes. Those loans were HUF 13.6 million on average.

Loans for purchases of new homes, including homes built by their owners, made up 29% of total outlays. The loan size for the purchase of new homes averaged HUF 18.1 million.

Loans for home renovation and additions accounted for 5% of outlays.

KSH noted that the stock of outstanding home loans stood at HUF 4.914 trillion at the end of H1, edging down 0.3% from the end of 2022, falling for the first time since 2016.