Hungary Home Sales Drop 34% in June
Photo by Fabio Balbi / Shutterstock.com
Home sales in Hungary fell 34% year-on-year to 7,120 in June, state news wire MTI reports, citing a monthly estimate by listed real estate broker Duna House.
Home sales in the period between January and June fell to just 46,010. This figure represents a drop of 40% compared to the same period a year earlier.
Duna House estimated that mortgage outlays came to HUF 253.5 billion in the first half of 2023, down about 67% from the same period a year earlier.
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.
