February brings slight recovery in Hungary's residential market

01
Mar
2023
News - February brings slight recovery in Hungary's residential market #Duna House #Hungary #mortgage #residential

by Property Forum | Residential

Transactions have increased but the general mood remained very cautious across all regions of the country, Duna House Group (DHG) reports.


There were 6,253 transactions in February which is a slight 7% increase compared to January but a 50% decrease year-on-year. Clients took out a total of HUF 35 billion in mortgage loans which is 5% less than in the previous month and a robust 66% decrease y-o-y. 

 

Despite these figures, DHG expects a gradual recovery in the upcoming months both in transactions and loans.
  




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