Home sales fall in December, down for 2013

Analysis

There were 5,768 homes sold in Hungary in December, down 5% from the same month a year earlier, real estate broker Duna House reported to national news service MTI yesterday. Full-year home sales came to 83,600, down 11% from 2012.

However, home sales in the first months of 2012 were much higher than usual because of a government scheme that allowed early repayment of foreign currency-denominated mortgages at discounted exchange rates.

The number of homes sold in 2013 was the lowest since 2008.

ADVERTISEMENT

14,890 new COVID cases registered in Hungary Figures

14,890 new COVID cases registered in Hungary

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

Most employees want exit interviews HR

Most employees want exit interviews

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

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.