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23rd February, 2026

New home builds at nine-year low


A total of 12,062 new homes were completed in Hungary last year, 9.3% fewer than in 2024, and the lowest number since 2016, Telex writes, citing Ingatlan.com.
Both Budapest and county seat cities saw a decrease in new builds, down 14% and 26%, respectively.
Central Statistics Office data showed that the number of construction permits issued last year rose by 37%, indicating heightened homebuilding activity.
The number of new homes coming to the market in the coming years could rise significantly, Telex adds. By mid-February, nearly 12,000 new homes and apartments were listed for sale, a 23% annual increase.
In Budapest, the supply grew by 54%, while county seat cities saw a 7.5% increase.
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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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