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According to estimates by real estate specialist firm Duna House, the Hungarian home market recovered from its June nadir, with approximately 12,764 transactions concluded in July.
The number marks a 15% increase compared to the previous month. This Julyʼs market activity is still below the record month of July 2018, with transaction numbers some 10% lower.
Duna House says that the next few months will reveal whether the weaker indicators of the previous months are only temporary, or the beginning of a major turn in market trends.