US EditionHungary’s housing market revs up—But Budapest is no longer in the driver’s seat
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Holiday home prices are 10 percent higher than a year ago. On the shores of Lake Velence, the price increase is 20 percent, so many people would move there from Budapest, the market on the Danube Bend has only come to a standstill after the previous severe overpricing.
Hungary’s housing market revs up—But Budapest is no longer in the driver’s seat
Hungary’s real estate market is showing renewed energy, with demand for homes picking up again in May after a slowdown in April. However, a noticeable shift is occurring: the epicentre of the housing market has moved away from Budapest to smaller towns and villages across the country. A shift in Hungary’s housing market According to Ingatlan.com, the number of inquiries for homes for sale rose 4% in May compared to April and was 7% higher than i…
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