Housing
Housing conditions have a significant impact on quality of life. Housing statistics deal with the following areas: state of housing, trends in housing construction, real estate market processes, state of home lending.
Key figures
Number of dwellings built
Indicator description
Number of dwellings put to use during the given period.
Source of data:
Summary Tables (STADAT)
Last data for period: Q1 2023
Aggregated housing price index
Indicator description
Changes in the housing market price level, 2015=100.0%
Source of data:
Summary Tables (STADAT)
Last data for period: Q4 2022
Number of home building permits and declarations issued
Indicator description
Change in the number of dwellings to be built on the basis of building permits issued and simple announcements.
Source of data:
Summary Tables (STADAT)
Last data for period: Q1 2023
Stock of housing loans
Indicator description
Change in the total amount of home loans at the end of the reference period compared to the same period of the previous year.
Source of data:
Summary Tables (STADAT)
Last data for period: Q3–4 2022
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It is exceptionally important to us to provide more up-to-date information on the social and economic developments in our country, in addition to our regular and detailed publications.
Our WEEKLY MONITOR provides insights into trends in key areas through weekly, monthly and quarterly data from our interactive chart collection.
Most WEEKLY MONITOR charts can also be downloaded in image and data formats (PNG, SVG and CSV).
Our WEEKLY MONITOR provides insights into trends in key areas through weekly, monthly and quarterly data from our interactive chart collection.
Most WEEKLY MONITOR charts can also be downloaded in image and data formats (PNG, SVG and CSV).
The floor space of residential buildings to be constructed decreased significantly in March
In March 2023, construction permits were issued for 19% less floor space in Hungary than in the same period of the previous year. The planned floor space fell significantly for residential buildings (-42%), but rose moderately (+5.2%) for non-residential buildings (with a decreasing number of permits). The former saw a decline for both single-family and multifamily residential buildings, while for the latter the growth was mainly driven by an increase registered for commercial buildings.
HCSO–ingatlan.com-rent index, March 2023
In March the increase in rents continued at a more moderate pace than in the previous two months: they became 0.8% higher nationally and 0.9% higher in Budapest in a month, rising in all district groups in the capital city. In annual terms, the growth rate of nominal rents continues to be lower than inflation; therefore, their real value was 5–6% below the year-earlier value. After a slight increase in February, real rents compared to the previous month stagnated in March.
Residential mortgages, 2022
The growth rate of 7.5% for the housing loan portfolio in 2022 has slowed compared to the previous four years. Loans approved and disbursed fell short of the previous year. The weight of second-hand housing purchases declined, while lending for new housing expanded. In the second half of 2022, in addition to the increase in lending for new housing, the amount disbursed for the purchase of second-hand housing barely exceeded half of the value for the same period of the previous year.
Considerable drop in housing construction and building permits, Dwelling construction, construction permits, first quarter 2023
In the 1st quarter of 2023 a total of 3613 new dwellings have been built, 20% fewer year-on-year. The number of dwellings to be built, based on issued building permits and simple declarations, was 4989, this being 38% less than in the same period of 2022.
Dwelling construction continued to become more expensive in 2022
Due to rising labour and material costs, dwelling construction costs rose by 21% in 2022 compared to the previous year. The increase in the cost of materials (24%) continued to play a larger role in the rise, mainly driven by global developments and partly as a result of this by rising domestic prices of building materials (24%). Labour costs were also up significantly by 16% compared to a year earlier.
Housing prices, housing price index, Q3 2022
In Q1-3 2022, 4.6% fewer homes were sold than in the same period of the previous year. The decline was observed in all quarters in both the new and second-hand housing markets. After a surge in the first quarter, house price growth gradually slowed down to 2.6% in the third quarter. The slowdown in the increase in prices of second-hand dwellings can be observed in all areas of the country.
Related themes
- Censuses
- Construction
- Energy
- Environment, public utilites
- Government finance
- Income and consumption
- Living conditions
- Population and vital events
- Prices
- Regional statistics
First releases |
Latest release | Next release |
---|---|---|
Dwelling construction, construction permits, quarter 1 2023 | 04/05/2023 | 31/07/2023 |
Publications |
Released |
---|---|
Residential mortgages, 2022 | 05/05/2023 |
HCSO–ingatlan.com rent index, January 2023 | 01/03/2023 |
Housing prices, housing price index, Quarter 3 2022 | 07/03/2023 |
Housing prices, housing price index, Quarter 2 2022 | 14/02/2023 |
Hungary, Quarter 3 2022 | 06/02/2023 |
Residential mortgages, 1st half 2022 | 17/01/2023 |
Regional Statistical Yearbook of Hungary, 2021 | 10/01/2023 |
Release and revision calendarPublication repertory
Census data |
Census |
---|---|
National regional data | Population census 2011 |
2. Main characteristics of the population and the dwellings | Microcensus 2016 |