Real estate boom slows but goes on

excavatorsIn July 2016, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ – compared to the previous quarter – increased by 1 and 2 points respectively. Both indices were 6 points higher than one year earlier. The index figures represent a 42-quarter peak for Budapest, and a 48-quarter peak for Hungary. That is, such high values have not been seen for ten or twelve years, respectively.

You can download the report from here.

You can download the index values from here.

The Budapest housing market continues to accelerate, the rural one slows down

1014151_1416325523_1002619-1412067653-1002624-1412067558-immobilier-construction-real-estate-immeuble-batiment-2In April 2016, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ were higher than in the previous quarter, in both cases by almost 2 points. The former index was 5 points higher than a year ago, the latter one by 3 points. The index figures represent a 41-quarter peak for Budapest, and a 37-quarter peak for Hungary.

 

You can download the report from here.

You can download the index values from here.

Optimism has survived but not strengthened on the real estate market

kep_1502Real estate market index of GKI referring to the capital is almost equal to the value which was measured a half year ago. Index referring to Hungary is one point lower than it was in April of 2015 – this change can be interpreted as stagnation. Among the players of the Hungarian real estate market improving expectations could have been observed since the beginning of 2013. Though this favourable tendency is now over but the actual outlooks reflect optimism.   Read More …