Housing rental rates in Hungary increase by 13% in December
MTI – Econews
Wednesday, January 26, 2022, 12:00 p.m.
Photo by Peter Gudella / Shutterstock.com
Housing rental rates in Hungary rose 13.1% year-on-year in December, climbing for the seventh consecutive month after falling for more than a year, according to data compiled by the Central Statistical Office (KSH ) from the Ingatlan.com classifieds site.
Rental rates in the capital increased by 12.7% in December, with rates in outlying areas of the city’s central neighborhoods climbing by 11%.
On a month-on-month basis, house rental rates rose 0.6% nationwide and 0.4% in Budapest in December.
The monthly rent for an apartment in the capital averaged 164,000 HUF in the second half of the year. In the west of the country, an apartment can be rented for 126,000 HUF per month.
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