News in Brief
National Economy Minister discusses government measures to ensure affordable housing
Minister Nagy said the government would consider a role for state-backed capital funds in supporting the endeavour to ensure affordable housing.
Housing sector
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News in Brief
Hungary's retail and construction industries are booming
Hungary's economy is improving, retail sales are up and the construction industry has dramatically increased the amount of dwellings throughout the country
News in Brief
Budapest house price surge being closely monitored
Between the first quarter of 2014 and the first quarter of 2016 the Budapest house prices jumped by more than 50 percent, while properties in the countryside rose by 20...
News in Brief
GDP growth rate set to rise during second quarter of 2016
Government measures are boosting domestic consumption, such as the Family Housing Allowance and the 5 percent VAT rate on property sales