Number of new dwellings is up by almost a quarter
In 2018, 17,681 new dwellings were built, 23% more than a year earlier. Based on dwelling construction permits and simple declarations, the number of homes to be built fell by 3.4% to 36,719 compared to 2017.
In 2018, 23% more dwellings were built compared to the previous year. Nearly half of new homes were put to use in Budapest and Pest county, where 40% and 39% more homes were built respectively. Housing market in Győr-Moson-Sopron county is still outstanding accounting for 14% of all new dwellings built. At the same time, several counties in the Great Plain and Northern Hungary saw a significant recovery in home building in 2018.
In new home construction, the share of private individuals fell from 51% to 46% and that of enterprises grew from 49% to 53% compared to 2017.
53% of dwellings built in new residential buildings were put to use in detached houses, 38% in multi-dwelling buildings and 5.0% in residents’ parks.
The average floor-area of homes put to use decreased by 1 sq. m to 99 sq. m.
The total number of dwellings to be built based on issued dwelling construction permits and declarations decreased by 3.4% to 36,719 compared to 2017. 54% of all new homes are planned to be built in the capital and in Pest county. Budapest saw an 18% fall, towns of county rank no change, other towns an 8.0% growth and the villages a 10% rise in the number of dwellings to be built. Builders used simple declarations in 42% of cases. This share was 7.4% in Budapest and grew higher moving towards smaller settlements reaching 80% in villages.
Based on new construction permits (declarations), 4.0% more, i.e. a total of 13,743 residential buildings are planned to be built, while the number of permits issued for non-residential buildings decreased year-on-year by 15% to 4,346 units.
New dwelling construction permits and simple declarations, dwellings put to use and ceased
| Territorial unit | New dwelling construction permits issued (declarations) | Number of dwellings put to use | 2018 as a percentage of 2017 | Number of dwellings ceased to exist | |||||
|---|---|---|---|---|---|---|---|---|---|
| number | 2018 as a percentage of 2017 | ||||||||
| 2017 | 2018 | of which: simple declarations | 2017 | 2018 | 2017 | 2018 | |||
| Budapest | 14 632 | 11 995 | 893 | 82.0 | 2 761 | 3 874 | 140.3 | 464 | 604 |
| Towns of county rank | 8 151 | 8 169 | 3 490 | 100.2 | 4 162 | 4 563 | 109.6 | 627 | 427 |
| Other towns | 9 727 | 10 510 | 6 128 | 108.0 | 4 761 | 5 726 | 120.3 | 717 | 748 |
| Villages | 5 487 | 6 045 | 4 820 | 110.2 | 2 705 | 3 518 | 130.1 | 427 | 370 |
| Total | 37 997 | 36 719 | 15 331 | 96.6 | 14 389 | 17 681 | 122.9 | 2 235 | 2 149 |
Methodological note: in accordance with Government Decree 456/2015. (XII.29.) statistical data contain construction permits, simple declarations, put to use permits and official certificates concerning the put to use of buildings constructed on the basis of simple declaration.