Homeowners can break champagne, the real estate market is crazy

Homeowners can break champagne, the real estate market is crazy

2025-03-20

In Budapest, there was a nearly 17 percent increase in price compared to the same period last year, while a significant monthly rate of 4.4 percent was registered. In the capital, the average price of used condominium flats for sale is already 98 million forints, or only within reach of the 100 million psychological limit. The owners of the home prices may be happy and those who want to move in can suck their teeth. The high price increase in February did not arrive unexpectedly, as market demand has been significantly highlighted in recent months. László Balogh, senior economic expert at Ingatlan.com, highlighted in his analysis: The demand at the beginning of this year was really incorporated into prices in February, and the sellers have priced significant interest relatively quickly.
A szakértő szerint különösen a budapesti drágulásban játszik fontos szerepet, hogy a kínálat egyáltalán nem tud lépést tartani a kereslettel. Hiába adnak fel évről évre és hónapról hónapra több lakáshirdetést a tulajdonosok és ingatlanközvetítők, a kereslet gyorsan felszívja ezeket a piacról, így a választék folyamatosan szűkül. Ez pedig szintén hozzájárul az áremelkedéshez – világított rá a szakember.

Regional differences in price rise
Although the annual price increase was 10.4 percent on average on average, some regions have experienced even greater prices.

In addition to Budapest, the settlements in Southern Transdanubia, the Northern Great Plain and the Southern Great Plain showed the largest increase of 11.2 percent annually.

In contrast, there was a more moderate price increase in Pest counties, as well as the Central and Western Transdanubian and Northern Hungary regions, where annual prices were between 4.8 and 7.3 percent in February.

The differences in the monthly data are also evident: while prices in the capital increased by 4.4 percent compared to January, the national average showed a 2.4 percent increase.
https://index.hu/gazdasag/2025/03/11/lakas-ingatlan-arak-emelkedes-budapest-videk/