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4th March, 2024

Home sales explode in February



There were 10,754, homes sold in February, a 72% rise from a year earlier, when the housing market was in an abyss, according to an estimate by property agency Duna House released on Friday.

Home sales rose above 10,000 for the first time since mid-2022, Portfolio adds.

According to Duna House, the increasing activity in the home market will definitely continue in the first quarter, as a result of home building subsidies and falling loan rates.

Customer interest remains strong, indicating a strong March as well, the agency added.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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