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 project in the next year 7, while among those who are likely to start a project 15 index points increase was measured.