2025-03-24
The real estate market spun better than optimistic expectations in 2024, and according to OTP Bank's real estate market experts, 2025 even put it on a shovel-the earlier figures at the beginning of the year suggest that. Hungary is sitting on the top of Europe for both traffic and real estate prices. This year they expect further expansion of traffic, to which the transformation of the support system can greatly contribute. At the same time, the Hungarian real estate market remains overestimated and the rise in prices does not show stops.
Compared to the expectations of the end of 2023, 2024 was stronger than expected in the Hungarian housing market, with more than 130,000 transactions, a significant increase of about 25 percent compared to 105,000 last year. Even compared to that, the year 2025 started with increased expectations, as a number of new housing policy and other market conditions support further recovery. These include significant interest payments for households, the temporary usability of voluntary pension fund savings, the expansion of tax -free employer subsidies, the home renovation program launched in small settlements, the launch of the workers' loan, the more favorable credit.An additional 15-20 percent expansion is expected this year, which can reach 150,000 transactions. In parallel, prices continued to rise in all segments and locations.
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