Changes in house prices show a slight increase in Budapest and its neighborhood: a price increase of around 6 percent can be expected. This is also confirmed by real estate companies whose expectations about the next one year are truly positive.
Diagram: Housing market index of Budapest, blue line – apartments; red line – realty (source: GKI)
Diagram: Blue lines – those who certainly will purchase or build; red lines – those who will probably purchase or buy (source: GKI)
For home improvement and upgrading, 15 (this is the proportion of “likely” respondents) and 7 (this is the proportion of those with a “firm intention”) index points more were measured than in the previous quarter.
In terms of home purchase or construction, those who are sure to launch a project in the next year 7, while among those who are likely to start a project 15 index points increase was measured.