Home Rental Rates in Hungary Climb 13% in July
Photo by Peter Gudella / Shutterstock.com
Home rental rates in Hungary rose 13.2% year-on-year in July, slowing after a 13.7% increase in June, data compiled by the Central Statistical Office (KSH) from listings site Ingatlan.com show.
Rental rates in the capital increased by 13.7%.
In a month-on-month comparison, home rental rates climbed 1.9% both for the whole country and Budapest.
The monthly rental rate for an apartment in the capital averaged HUF 221,000 in the first half of the year.
A home in a large city in the west of the country could be rented for HUF 156,000/month.
Erste Bank Hungary Q1 Earnings Close to HUF 29 bln
Hungary Welcomes Extension of China's Visa Exemption Policy
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.
