US EditionApartment Rental Prices in Budapest Suddenly Started to Drop at the Beginning of August
4 Articles
4 Articles
The high season has brought more moderate price increases to the rental market so far than previously.
While in previous years, apartment rentals in Budapest typically became more expensive during the summer, this year the season is shaping up quite differently.
According to the July data of the KSH–ingatlan.com rent index, there was a moderate increase in prices in the rental market compared to the peak season associated with the announcement of the higher education point limit: the monthly price increase was 1.4 percent nationwide and 1.3 percent in Budapest. This is a much more restrained pace compared to the 1.8-1.9 percent increase typical of Julys in previous years. The increase in apartment renta…
Something happened in the Budapest rental market that has not happened in a very long time - There have never been so many apartments for rent.
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