Hungary's residential property market is showing signs of normalisation, according to the latest Ingatlan Radar report from zenga.hu. While listed prices continued to rise in July 2026, the pace of annual price growth slowed both nationally and in Budapest, and one county recorded an outright year-on-year decline.

Demand for higher-priced residential properties in Hungary is shifting away from Budapest towards its surrounding agglomeration, according to first-half transaction data from Duna House. The share of properties priced above HUF 100 million sold in Budapest fell from 57% to 48% over one year, while Pest county's share rose from 24% to 33%.

Hungary's residential property market saw 9,292 transactions in July 2026, according to the monthly estimate published by Duna House. The figure is 5.8% below the June level and 2.1% lower than the same month in 2025.

WING has completed the acquisition of the Olympia project from Atenor, adding a property complex of approximately 74,000 sqm to its portfolio on Hungária Boulevard in Budapest. The site comprises an operating office building, a structurally complete building, and additional development plots. WING is preparing to reposition the site for mixed-use purposes, with plans that could include more than 500 apartments alongside existing office space and retail and service functions.

Bence Buday has been appointed Chief Executive Officer of the HIPA Hungarian Investment Promotion Agency, effective 28 July 2026. His appointment marks the beginning of a new chapter for the agency, with a strong focus on further strengthening HIPA's strategic role, enhancing its operational excellence, and reinforcing Hungary's competitiveness as an investment destination.

The number of passenger cars in Hungary has nearly doubled over the past 20 years, yet road networks and parking capacity have not kept pace. In Budapest, paid parking zones have continued to expand and fees rose sharply this summer, increasing the value of private parking spaces. According to an analysis by property portal zenga.hu, owning a garage or parking space has become a significant property asset rather than merely a convenience.

Water scarcity is no longer limited to historically dry regions of Southern Europe. According to the European Drought Observatory, drought conditions intensified across France, Germany, Austria, Hungary, Romania and the United Kingdom in June 2026. Low water levels in German rivers are affecting shipping and industry, while England's 2025 drought led to water restrictions for millions of people and historically low reservoir levels.

CTP has signed a long-term lease with Quick Service Logistics (QSL) for a 10,658 sqm built-to-suit distribution centre at CTPark Budapest Vecsés. The facility will include more than 10,100 sqm of frozen, chilled and ambient storage space, plus over 500 sqm of offices, and is expected to be completed in October 2026.

The Budapest Research Forum (BRF), comprising 108 Hungary Real Estate, CBRE, Colliers, Cushman & Wakefield, ESTON International, iO Partners and Robertson Hungary, has published its Q2 2026 industrial market snapshot for Hungary.

KPMG's new headquarters, spanning more than 8,000 sqm, will be delivered on Váci Road, Budapest, in autumn 2029. Designed entirely around the requirements of the advisory and audit firm, the project is notable for WING delivering a complete office building tailored exclusively to a single tenant, a construction model that is rare in today's Budapest office market. The transaction is also the largest new office leasing agreement in Budapest so far this year.