ADVERTISEMENT

Real Estate Sales May Be Stronger Than Usual in December

Residential

Image by Shutterstock.com

Duna House and Credipass experts expect "dumping" in the real estate market this December, according to profitline.hu.

The introduction of inflation-tracking government securities may strengthen the desire of investors to buy real estate even more than usual, while buyers wanting to build a home will be motivated by the opportunities provided by subsidies, the experts explained.

December, usually considered the weakest period of the year, may hold some surprises this year.

The average number of market transactions estimated for December in the past 10 years is only 8,985, according to Duna House data, while the strongest month of 2023 so far was May, when the real estate brokerage network estimated 10,187 transactions.

Farmgate Prices Fall 15.2% in March Crops

Farmgate Prices Fall 15.2% in March

China-Hungary Cooperation 'Story of Continuous Friendship', ... Visits

China-Hungary Cooperation 'Story of Continuous Friendship', ...

MÁV Launches Pre-season Timetable Transport

MÁV Launches Pre-season Timetable

Hungary, China Sign Film Industry Agreement Art

Hungary, China Sign Film Industry Agreement

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.