Due to the high prices of real estate square meters, high loan interest rates and the increase in construction costs, the demand for newly built apartments fell, Balla Ingatlan told MTI on Monday based on an analysis of the real estate market of Budapest, Lake Balaton and Lake Velence.
The Chinese Eve Power, which is building a battery factory in the north-western economic zone of Debrecen, next to the BMW factory, received the permit for the construction work of the first phase of the landscaping and deep foundation preparatory to the investment.
The Vörösmarty square Christmas market opened on Friday in Budapest.
Portfolio.hu spoke to experts about next year’s wage increases and whether they will finally exceed inflation.
The number of foreigners reached a record on the Hungarian housing market last year, according to an analysis by ingtalan.com, which processes official KSH data, which also reveals which country’s people had the most interest in Hungarian residential properties in 2023.
On Tuesday night, the parliament received a number of bills from the government, including the 2024 tax package, which would reduce the VAT on túró rudi from January 1st, Portfolio reported.
This year, October 23rd will be a public holiday, and as every year, most shops will be closed, but there are a few exceptions, startlap.hu reports.
The financial savings per Hungarian household this year approached the HUF 13 million average, Bankmonitor reports based on the latest statistics of the Magyar Nemzeti Bank.
The forint weakened against the major currencies on the interbank foreign exchange market early Monday evening compared to this morning.
In July 2023, the gross average salary of those employed full-time was HUF 559,100, and the average net salary calculated with allowances in mind was HUF 385,600. The gross average wage increased by 15.2 percent, the net average wage by 15.1 percent, and the real wage decreased by 2.0 percent compared to a year earlier, […]