Hungarian residential property market keeps on truckin'

According to Duna House's estimates, 9,646 residential properties were sold nationwide in December, marking a modest 1.5% increase compared to the previous month but a 5.7% decrease compared to the 10,231 properties sold in December the previous year.

Thanks to the market-stimulating effect of the Home Start Programme, the number of transactions increased dramatically in August and September. However,

after the sales peak in September, the platform experienced a significant correction in November.

However, this trend reversed at the end of the year, with renewed growth in December.

The impact of the Home Start program has been evident in transaction numbers since August, so it is worth comparing the period from August to December 2024 with the same period last year. According to Duna House data, 51,323 sales were recorded in these months in 2024, increasing to 55,462 in 2025. This marks an increase of 4,139 for this period, owing to the preferential mortgage scheme.

There were 30,667 residential property transactions in the fourth quarter of this year, according to DH estimates, which compares with 32,246 last year and less than 24,500 in 2023.

Duna House estimates that there were more than 128,000 transactions in total in 2025, which is at the upper end of its forecast range of 120,000–130,000 transactions. This marks a 3.1% growth over 2024.

The real estate agency expects similar property sales figures for 2026, with 110,000 to 130,000 transactions.

Borrowing zeal in December

According to official data published by the National Bank of Hungary (MNB) in November and Credipass's forecast for December, the market for mortgage loans denominated in forints closed at HUF 1,971 billion, which is nearly a 46% increase on the HUF 1,351 billion recorded in 2024.

Credipass expects the market to remain active at around HUF 2,000 billion in 2026 thanks to favourable loan schemes.

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