As it was expected, the early repayment scheme for foreign-currency mortgages boosted Hungarian real estate sales in December last year, according to estate agency Duna House.
They say more than 8700 properties in Hungary were sold in December which is 35% more than the monthly average in 2011, and an estimated one-third of these were due to forced sales.
As the scheme allows transactions to be completed in January 2012, too, it is also expected to be a busy month for the real estate market in Hungary.
The overall home sales in Hungary for 2011 are estimated to be around 80,500, which is down more than 10% from 2010.
Via Xpatloop
As the scheme allows transactions to be completed in January 2012, too, it is also expected to be a busy month for the real estate market in Hungary.
The overall home sales in Hungary for 2011 are estimated to be around 80,500, which is down more than 10% from 2010.
Via Xpatloop
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