More actors are now expecting a price drop than a rise in residential market

In January of 2020, the GKI–Masterplast residential market indices for Budapest and Hungary stood at 6 and 7 points respectively. Budapest index decreased by just 1 point (within margin of error), the national index went down by 3 points compared to the previous survey (in October 2019). The capital index went down by 17, the other one decreased by 16 points compared to the survey made one year earlier. Thus, a relatively slight change on a quarterly basis means a significant decline on an annual basis.

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