Housing market in Hungary improves significantlyStaff writer ▼ | May 5, 2016
In 2015, the domestic housing market in Hungary improved significantly, which was associated with a 10 percent rise in house prices, in addition to increasing market turnover.
Homes in Europe Low risk level in housing in Hungary
On the one hand, it was primarily the market of used dwellings, which improved, while, except Budapest and its agglomeration, the western Hungarian region was practically the only region where an improvement was seen.
As a conclusion, neither the increase in housing prices nor the expansion of new lending can be considered excessive. The risk level is currently low. ■