US EditionHousing Prices Have Stopped Rising in Budapest, While Prices Are Soaring Around Szeged
5 Articles
5 Articles
The engine of the housing market has literally moved to the countryside.
The soon-to-be-launched Home Start program could boost the market again.
The Hungarian economy is starting to take off – consumption is still the main driver, but investments will soon step on the gas. Experts say a spectacular turnaround is possible.
The effects of the Home Start program can only be expected after this.
In June, the price of apartments increased by 1.3 percent nationwide, and on an annual basis, prices have already risen by 14 percent, according to the ingatlan.com housing price index. The largest price increase occurred in the Southern Great Plain region, which includes Szeged, where a monthly price increase of 3.1 percent was measured in June, and in the Northern Great Plain region, which also includes Debrecen, where a 2 percent price increa…
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