• Coronavirus in Hungary
  • coronavirus
  • Budapest
  • Covid immunity certificate in Hungary
  • Covid immunity certificate/vaccine passport
  • Hungary border control
  • HelloMagyar
Hungarian housing price growth eases in Q3, official data saysHungarian housing price growth eases in Q3, official data saysHungarian housing price growth eases in Q3, official data saysHungarian housing price growth eases in Q3, official data says
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Support us
Daily News Hungary Daily News Hungary · 29/01/2022
· Business

Hungarian housing price growth eases in Q3, official data says

Hungarian economy Hungary money real estate statistics

Housing prices in the third quarter grew by 2.8 percent from the previous one, the Central Statistical Office (KSH) said on Friday. In Q2 prices were up 3.4 percent.

Prices of new builds edged up 0.6 percent, while resale prices rose by 3.2 percent on a quarterly basis.

Year on year, new build prices grew by 12.6 percent, while resale home prices were up 14.8 percent, translating into a 14.5 percent annual rise in the third quarter.

  • Read also: Hungary broke EU record in real estate price rise!

Estimates from preliminary data show that transaction numbers were up an annual 17 percent in Q1-Q3 2021, at their pre-pandemic level.

New builds averaged 37.8 million forints (€ 103,500) in Q3, more than double resale home prices, which averaged 18.7 million (€ 51,000).

Per square metre, new builds cost 697,000 forints (€ 1,900) on average, while resale homes went for 300,000 forints (€ 822).

Romantic castle near Pápa 1
Read alsoWant a castle in Hungary? There are five you can purchase right now

Source: MTI

Hungarian economy Hungary money real estate statistics
Share
Daily News Hungary
Daily News Hungary

Related posts

forint euro bills
03/07/2022

Hungarian forint: one of the world’s weakest currency


Read more
gulyás csárda szeged restaurant
02/07/2022

Szeged’s oldest and most famous restaurant closes – PHOTOS


Read more
Hungary development motorway building bridge worker
02/07/2022

Hungary to start business development scheme in Bosnia’s Republika Srpska


Read more

1 Comment

  1. Norbert : says:
    29/01/2022 at 13:21

    The Budapest, Hungarian Property Market – has an increasing – SOFT under belly – that will give way – collapse under strain for a multitude of reason(s).
    The – Economic & Financial factors – inclusive – of the continuing – SOFTNESS – trending down-wards – across all the major important componentry of the Hungarian Economy – will cause the collapse – of the Property Markets – all the ‘Broadsheet” of its Industry – the giving away of the soft under-belly – by SHEAR – weight of the SATURATION of Sellers in the Property Market – over Buyers.

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.


Latest news
  • What happened today in Hungary? – July 3, 2022
  • Minister: migrants at Hungary’s borders “have no right to cross”
  • Spend a night at one of these Hungarian castle hotels! How much do they cost?
  • Universal public transport pass to come in Hungary for 12.5 EUR/month?

About us

Contact us

© 2022 DailyNewsHungary. All rights reserved!
Posting....