Housing

Rental asking prices continued to rise on the housing market in July 2026: compared with the previous month, they increased by 1.6% nationwide and by 1.7% in Budapest. The July nominal rent index exceeded the 2021 base period by 76% both nationwide and in the capital, while in real terms it was 19% higher. Over the course of a year, nominal rents increased by around 5%, and real rents by around 4%.

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The yearbook provides an overview of Hungary's demographic, social and economic trends, environmental characteristics and their changes over time, with the help of tens of thousands of data in some 500 tables, charts and maps. Compared to previous years, it is a novelty that the results of time use data collection showing the time use of the population were included in the yearbook, furthermore, that the number of registered organisations and earnings data are also available according to the new NACE Rev. 2.1 structure, alongside the NACE Rev. 2 classification, as well as that the International data chapter is published with more extensive content, various indicators.

In the first half of 2026, 6,278 new dwellings were built, 22% more than a year earlier. The number of dwellings to be built based on issued construction permits and simple declarations was 16,588, 29% more than in the same period of 2025.

In Hungary, the outstanding stock of housing loans rose from HUF 5,652 billion to HUF 6,783 billion from 2024 to the end of 2025, corresponding to annual growth of 20%. The value of housing loans approved in 2025 amounted to HUF 1,954 billion, while disbursements totalled HUF 1,854 billion, both representing a 45% increase compared with the figures recorded a year earlier. Within the total stock of housing loans, the share of state?subsidised loans stood at 27% at the end of 2025, whereas among newly approved loans this ratio reached 46% for the year as a whole.

The number of housing market transactions registered so far in 2025 has approached 136 thousand, and the final figure is expected to exceed 140 thousand. In the fourth quarter, housing market turnover is projected to rise by 10% compared with the same period of the previous year. At the same time, housing prices increased by 2.4% quarter?on?quarter and by 21% year?on?year relative to the corresponding period of 2024. The aggregated EU?27 housing price index stood 5.5% above its level one year earlier.

The tables and charts in the latest edition of the Statistical Pocketbook of Hungary provide a comprehensive insight into the development of social and economic trends in Hungary during the year 2024. It aims to provide a summary picture of the country's situation in all possible areas based on preliminary indicators. In this year’s pocketbook, alongside the NACE Rev.2 classification, we also publish the number of business units according to the new NACE Rev.2.1 structure, as well as foreign trade data compiled under the new methodology.

The performance of Hungary’s economy surpassed the previous year’s level by 0.3% in the 1st-3rd quarters of 2025. The increasing performance of the services sector and construction as well as growing consumption had a positive impact on GDP. These impacts however have been subdued by the setback of the industry and agriculture, the continuously subdued investment activity. Retail trade volume continued to rise, foreign demand at accommodation establishments increased, too.

In Hungary, the number of housing constructions fell by 29% in 2024, and planned housing constructions also continued to decline in number. Housing construction costs rose at a slowing pace, in the single digits. At the same time, the volume of housing loans disbursed doubled compared to the previous year’s low base. Following the downturn a year earlier, housing market activity picked up, and housing prices once again recorded double-digit growth.

Hungary’s GDP increased by 0.5% amid global challenges in 2024. The performance of goods-producing industries lessened, while that of service-providing ones rose, which shows the duality of economic trends. Household consumption picked up, which was considerably encouraged by the purchasing power of earnings growing again with the inflationary wave calming down. Besides, the data series reveal that the level of employment reached another peak.