Renovation remains in focus – Results of survey about home renovation intentions in February 2020

Households’ short-term home renovation and modernization plans (refer to the coming year) did not change much compared to the previous quarter, slightly decreased on an annual basis, but they are positive. According to the intentions of the inhabitants, about 11% of the Hungarian housing stock will be renovated in the next year, and about 20% in the coming three years. Most of the respondents are preparing for painting, daub or paper-hanging (every seventh apartment may be painted in the next three years), but renovations improving energy efficiency are also popular (almost every tenth apartment can be renovated this way).

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