Hungary Home Sales Climb 21% in December
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Home sales in Hungary rose 21% year-on-year to 7,813 in December, a monthly estimate by listed real estate broker Duna House shows.
For the full year, home sales reached 90,840, down 27% from 2022.
Duna House estimated that mortgage outlays came to HUF 67 billion in December, up 63% from the same month a year earlier.
For the full year, mortgage outlays fell around 51% to HUF 586 bln. This year, voluntary rate caps at lenders and subsidized credit for borrowers with children could lift outlays to HUF 750 bln-850 bln, Duna House said.
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