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Keep in touch with Budapest news, property updates and other usefull information via our newsletter. In this edition, you'll find details of the latest regulations as well as property of the month and other interesting topics.
A review of Hungary's sovereign credit rating will be on the agenda of leading rating agencies Fitch, Moody's and Standard & Poor's starting in March 2016. The analyst consensus is that the country is likely to get its investment grade rating back next year.
The past year of the housing market in Hungary has been characterized by a significant increase in both turnover and prices, with the latter climbing 15% between Q1 2014 and mid-2015.
Rental prices in Budapest and other university cities – such as Pécs, Debrecen and Szeged – have increased by 4-33%, while Győr saw a decrease in average rental fees, research by ingatlan.com published yesterday reveals.