Negative turnaround on the housing market while the confidence in the business real estate sector is unbroken
In October of 2019, the GKI real estate indices for Budapest and Hungary stood at 7 and 8 points respectively. Budapest index decreased by 6 points, the national index went down by just 1 point compared to the previous survey (in July 2019). The capital index went down by 4 points, the other one practically did not change compared to the survey made one year earlier. Data of the present survey refer to a negative turnaround on the housing market. The era of soaring prospects and rising prices is now behind us. At the same time, there is nothing in the business real estate market, and especially in the office market, to suggest that the golden age is coming to an end. More…
Related news
What will you be eating tomorrow?
Plant-Powered Perspectives is a business conference, which took place for…
Read more >Twenty years in the EU: how has Hungarian consumption changed?
On 1 May 2004 ten new member states joined the…
Read more >Hungary has been in the EU for 20 years: how has foreign trade changed?
On May 1, 2004, ten new states joined the European…
Read more >Related news
IGD: Retail media and increased efficiency will be important in 2024
This article sets out to summarise the retail trend predictions…
Read more >Vegan activist on Forbes’ prestigious “30 successful Hungarians under 30” list
Raul Vida, the founder of Prove magazine, is the first…
Read more >UEFA and Just Eat Takeaway extend partnership
Just Eat Takeaway has extended its partnership with the UEFA…
Read more >