Hungary house rental rates increase 3.7% year-on-year in August
MTI – Econews
Wednesday Sep 22, 2021, 1:00 PM
Photo by Alla Simacheva / Shutterstock.com
Rental rates for housing in Hungary rose 3.7% year-on-year in August, climbing for the third consecutive month after falling for more than a year, according to data compiled by the Central Statistical Office (KSH ) from the Ingatlan.com ads site.
Rental rates in the capital rose 2.8% in August, with rates in areas on the outskirts of the city’s central neighborhoods climbing 5%.
On a month-to-month basis, rental rates for homes rose 1.1% nationwide and 1.2% in Budapest in August.
The monthly rent for an apartment in the capital averaged 152,000 HUF in the first half of the year. In the west of the country, an apartment could be rented for 118,000 HUF per month.
SUPPORT BUDAPEST BUSINESS JOURNAL
Producing worthy journalism is an expensive endeavor. For 27 years, the editors, editors and journalists of the Budapest Business Journal have strived to bring you business news that works – information that is reliable, factual, accurate and presented without fear or favor.
News organizations around the world have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We want to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support BBJ button and you can choose how much and how often you send us your contributions.