[ad_1]
Houses have become more popular
Since the beginning of April, 52 percent of inquiries have been directed to newly built single-family, townhouses and townhouses, compared to the same period last year, when they accounted for 42 percent compared to new condos.
This represents a significant discrepancy within current demand and indicates that prospective buyers now want to purchase a residential property with a garden. The quarantine effect plays a role in this, as after the spring curfews, many turned to landscaped properties rather than apartments. This is demonstrated by the fact that in July and August, compared to the pre-epidemic period, the demand for newly built houses increased by 36 percent, while the demand for condominiums decreased by 14 percent, he said. László Balogh, a leading economic expert at the research company.
Buyers wait for rusty apartments
In recent weeks, there has been a slight decrease in the number of interest in new residential properties. This can be explained, on the one hand, by the anticipation of the clients and, on the other, by the fact that some of the new construction offers available in the market are already pushing the limits of affordability.
Both factors are related to the planned housing developments in the rust zone. Many are waiting for decision makers to explain in which rust zones home construction can begin. This is expected to happen in September and bring a new offering to the new real estate market. On the other hand, it can also increase demand, because apartments in the rust zone can be bought with a 5 percent VAT discount – stressed László Balogh.
In general, the appearance of rusted homes could drive home construction, increase competition in the new home market, and increase rental housing.
László Balogh explained that at the beginning of September, more than 2,800 new apartments and houses were put up for sale in the capital at an average price of 865,000 HUF per square meter. Inside Budapest, the XIII. The district has the most new apartments for sale, 780 newly built properties are waiting for the owners. Second is the XI. The district consists of almost 400, and the third in the IX. district with almost 300 new apartments. About 800 new residential properties are listed for sale in the county seats. The selection is the largest in Debrecen, where the supply is 220 pieces with an average price of 598 thousand guilders per square meter, Győr is in second place and Székesfehérvár with 153 and 81 properties in third place. These are offered by investors at an average price of 491 thousand HUF and 596 thousand HUF per square meter.
(Cover Image: Csomor Ádám / Index)
[ad_2]
