Real Estate Market Records in the Agglomeration: It Is Becoming Increasingly Difficult to Find a House for Under One Hundred Million in the Budapest Area – There Is a Region that Buyers No Longer Want to Pay for, It Is so Expensive
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Only 19 percent of sales were found for less than 50 million forints in the Budapest metropolitan area, while the average price per square meter rose to 872 thousand forints. According to Duna House data, house prices increased by 13 percent, and apartment prices have already exceeded one million forints per square meter.
The effect of Otthon Start is noticeable, real estate prices in Budapest have risen the most where they were previously the cheapest. The post According to Duna House, the price increase did not stop: it was in the agglomeration where prices increased by 20 percent in one year first appeared on 24.hu.
The real estate market in the agglomeration settlements around the capital has undergone significant transformation in the past year, according to a report by Duna House.
In the first eight months of this year, the average cost per square meter of houses and apartments in the agglomeration around the capital was 872 thousand forints, 11.5% more than a year earlier. The most rapid increase in prices occurred in the southern and southeastern regions, with prices increasing by 18 and 20%, respectively. In the western sector, on the other hand, real estate prices did not rise further, here the average was 3% lower th…
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