Would you use your pension savings to buy a home? Here’s what Hungarians say

Two recent surveys reveal key trends in how Hungarians are planning for both homeownership and retirement in 2025.

11% plan to buy homes this year

According to a representative survey by CIB Bank, around 11% of Hungarians intend to buy a home this year. Of those planning to purchase property, about 40% aim to rely solely on their own savings. Another 13% will combine their savings with a mortgage, while 9% plan to supplement savings and a mortgage with state subsidies. Interestingly, 10% of prospective buyers expect to tap into their pension savings, and 8% will use funds from retail government securities.

One-fourth of Hungarians make savings for retirement

Meanwhile, a separate survey by OTP Bank’s funds division highlights the country’s approach to retirement savings. Only one in four Hungarians regularly set aside money for retirement, while an additional 8% have made some savings but are unable to contribute consistently to a voluntary pension fund. Notably, more than half of respondents (53%) said they do not plan to consider pension savings until they reach around 40 years of age.