Duna House has released its monthly transaction estimate, showing that there were 13,793 residential property transactions in Hungary in February 2022. While this is 5 percent lower than in February 2021, it is 5 percent higher than the results of the same month in 2020.
According to Duna House estimates, the housing market continued to pick up in February, with a 27.5 percent increase in property transactions to 13,793 compared to January. Although this figure shows a 5 percent decrease compared to February 2021, it still shows a 5 percent increase compared to 2020.
Looking at trends in previous years, February 2022 is the second most active February on record. Duna House experts' expectations of a strong start to the year have therefore been confirmed, with an even more active market in the longer March, both in terms of demand and transactions, although the potential impact of the war in Ukraine makes expectations less certain.
