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The home improvement subsidies announced in recent weeks will bring a significant recovery in the housing and credit market, according to Duna House’s analysis: The new construction discount housing subsidy will strengthen the supply side, while that the homestead subsidy will change the popularity of the subsidy and therefore a positive change in solvent demand. to show. Demand among those affected by the discount could grow between 10 and 20 percent in 2021, writes MTI based on a statement from Duna House.
Photo: Napi.hu / Dániel Szabó
According to analysts at Duna House, wide discounts for new home construction are expected to disrupt the already strong housing market early in the year, which will also bring a shift in supply and available prices. According to the company, a significant proportion of home buyers who will not be affected by the changes may want to finalize their real estate transactions for the rest of the year because this period provides them with more predictable conditions.
The communication reminds that for more than one of the aid notified so far, it is a precondition that the property is purchased with the purchase of a check. In this case, the discounted 5 percent VAT will be recoverable for newly built properties, and the transaction will be tax-free for both new and used properties. These two major subsidies already provide an alternative for those who have so far been reluctant to carry out their real estate transactions on chocolate terms by hiring one or two existing or expected children.
Usually in the capital, a kiss from one or two children has so far not provided competitive and realistic support for families, but this may change due to new announcements. In the last quarter of this year, buyers also demanded a shock to 14 percent of loan transactions filed in Budapest, which is expected to exceed 20 percent next year, which will reach the current national average. ” quoted Károly Benedikt, Duna House’s chief analyst.
In addition to credit transactions, in the third quarter of 2020, the majority of people in western Hungary requested a surprise: more than 30 percent of genuine buyers, while in eastern Hungary their share was 27 , 4 percent, according to data from Duna House.
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