Homes sales down 12% last year

Residential

Photo by Fabio Balbi / Shutterstock.com

Home sales in Hungary came to 10,354 in December, up 2% from the same month a year earlier but falling 9% from November, real estate broker Duna House said yesterday, according to telex.hu.

In the full year 2020, home sales in Hungary amounted to 131,460, down 12% from 2019, it added. In March, April and May 2020, the turnover of the real estate market was almost 40% lower than in the previous year, with the lowest point being reported in April. Duna House estimates 2021's home sales will come to between 130,000 and 150,000.

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya Analysis

Hungary Signs HUF 6 bln Tied Aid Deal With Kenya

Moldovan Pensions to be Increased as of April 1 World

Moldovan Pensions to be Increased as of April 1

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic... Appointments

Schoenherr Names Miklós Klenanc as Head of Local M&A Practic...

Hungarian Wine Marketing Agency to Host Summit Drinks

Hungarian Wine Marketing Agency to Host Summit

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.