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

There are several factors which put a break on the revival of the housing markets. Property Forum asked Guy Dymschiz, Co-Founder and Co-CEO of Duna House Group, active in Hungary and Poland, about the necessary steps from the states and the developers to overcome the mounting difficulties.

December was the weakest month in 2022 in terms of sales and loans taken out to buy homes, local brokerage firm Duna House (DH) reports.

Duna House Group published its monthly Transaction Number Estimate, according to which 8,000 residential properties changed hands nationwide in November 2022. This value represents the weakest month this year, a 4 percent drop compared to the previous month and a 27 percent drop compared to November last year.

There were only 8,326 residential transactions closed in Hungary in October 2022 which is the lowest figure for the month since 2012, brokerage firm Duna House reports.

Duna House Group (DHG), the largest real estate agency in the region decided to unify its landing brokerage activity by creating a single brand called Credipass. 

Duna House has released its monthly Transaction Estimate, showing that there were 9,748 residential property transactions in Hungary in August 2022. This marks an increase over July but a 14% drop compared to the number of transactions recorded last August.

Duna House has released its monthly transaction estimate, showing that there were 10,859 residential property transactions in Hungary in June 2022. This marks a 13% decline over May and a 20% drop compared to the number of transactions recorded last June.

Duna House has released its monthly Transaction Estimate, showing that there were 14,548 residential property transactions in Hungary in March 2022. This is the fourth-highest monthly value of the past decade. 

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.