According to analysts, the slowdown in growth reflects the effect of last year's high base, when Hungary recorded an annual increase in transactions of 34.7%, second only to Luxembourg in Europe.
According to analysts, the current statistics are somewhat distorted, since most of the transactions for the sale of new housing are not taken into account until the transfer of ownership, which usually occurs two years after the transaction.
The new government loan subsidy program Otthon Start at 3%, which is due to be launched in September, may revitalize the market in the 4th quarter.Experts predict a surge in demand at the end of the year, with many buyers likely to postpone their purchases to an earlier date, which could negatively affect activity in 2026.
Source: Budapest Business Journal
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