A new study has found that the housing market is still booming in Hungary.
According to official figures released by the Central Statistical Office (KSH), foreign nationals bought 7,371 homes in Hungary last year, accounting for just under 5 percent of total market turnover.
KSH numbers show that almost two-thirds of those foreigners were citizens of other European Union member states.
The study found that Germans bought 1,079 homes in Hungary, and 84 percent of these homes were purchased outside the capital.
Chinese nationals bought 1,058 homes in Hungary, of which 91 percent were in Budapest. They paid on average a little more than 41 million HUF per flat, well over the 17 million paid by Germans.
The numbers also show that Romanians bought 1,012 homes in Hungary, Slovaks purchased 695 and Austrians 424.