Demand for residential property in Hungary continued to cool in June, with zenga.hu recording a 5% drop in interest in homes compared to May, and a 24% decline against last year's monthly average. Budapest saw the sharpest fall.

The first quarter of this year saw a rise in annual house prices on the Hungarian market, but the second quarter lost momentum. According to the latest analysis from zenga.hu, listing prices for residential properties are still 14 percent higher year-on-year, but this is a slowdown compared to the 20 percent growth in the first quarter. On a quarterly basis, prices rose by just 0.3 percent, meaning that nationwide the increase has essentially stopped.

The Hungarian property market experienced a significant turnaround this year, characterised by diverse buyer preferences. Investors, panel apartment seekers, and family house buyers were all active, though not simultaneously. According to data from property portal zenga.hu, interest levels in 2025 showed major fluctuations across property types, conditions, and sizes.

Property price increases in Budapest moderated in November, with annual growth dropping by one percentage point according to data from property portal zenga.hu. While the capital experienced stronger activity in the first wave of this year's property boom, demand has shifted towards the agglomeration in the second half of the year.