MNB Forecasts 30% Jump in New Home Completions
AI Summary
The National Bank of Hungary forecasts a 30% increase in new home completions this year, reaching 15,700 units. This growth is largely attributed to the Home Start program which has stimulated both development activity and housing demand in Hungary.
The National Bank of Hungary (MNB) expects the number of newly built homes to rise by 30% this year to 15,700, driven lby the Home Start program, which has boosted development activity and demand.
Markets Deals Real Estate real estate new homes housing market Hungary construction Home Start program