In December 2023, the floor area of buildings to be built was 33% down on the same month of the previous year, with a decrease for residential and industrial buildings

Total floor area of permitted buildings, by type of building
Last update: 02/22/2024

In December 2023, the number of dwellings to be built fell to just over half the high base of the previous year

Number of dwellings to be built based on issued construction permits or on simple declarations
Last update: 02/22/2024

In Q4 of 2023, a pick-up in entrepreneurial housing construction resulted in a 13% increase in the number of new dwellings, while the number of dwellings to be built fell by 27% compared to the same quarter of the previous year

Trend in housing constructions
Last update: 02/22/2024

Real housing prices continued to fall at a moderating pace in Q3 of 2023

Change in nominal and real housing prices*
Last update: 02/01/2024

Asking rents increased in January 2024 both nationally and in Budapest - the increase is also visible in real terms

HCSO‒ingatlan.com nominal and real rent indices
Last update: 02/22/2024

In the 4th quarter of 2023, the number of dwellings built in detached houses decreased by 17%, while those delivered in multi-dwelling buildings increased by 56% compared to the same period last year

Number of dwellings built in new residential buildings per quarter
Last update: 02/22/2024

In January 2024, the housing rental market in the capital recovered slightly, with an average of 5.9 thousandths of dwellings offered for rent

Proportion of dwellings for rent in Budapest
Last update: 02/29/2024