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5^th of March

EEAG Report  - The Hungarian Crisis: This chapter summarises recent developments in Hungary and aims to shed some light on why Hungary failed to live up to the expectations of the early 1990s. Section 5.2 analyses Hungary’s growth performance since 1990, and is followed by an analysis of its labour markets in Section 5.3. Section 5.4 assesses its fiscal policy and Section 5.5 explains why Hungary was one of the first countries in Europe to be bailed-out, and how the Hungarian economy responded to crises. Lastly, Section 5.6 assesses the economic policy measures implemented by Hungary since mid-2010, and their implications for future growth and employment. The chapter closes with some general conclusions. FIND OUT MORE

2^nd of March

RICS European Housing Review 2012 : HUNGARY - Until the economic situation improves and the banks have the capacity and willigness to lend on large scale again, the housing market situation is likely to remain poor. In light of current events, that take some time. The central bank does not expect meaningful growth in new loan volumes until after 2013 FIND OUT MORE

23^rd of February

Hungarian Statistical Office : Last year, 12655 new dwellings were built, 39 percent fewer than in the previous year. The number of dwelling construction permits was 12488, which was a 28 percent decline compared to the data of 2010. This low figure was unprecedented even in comparison with the years of the great depression and the difficult economic circumstances in the 40s and 50s. FIND OUT MORE

16^th of February

Hungary Real Estate Market: No upturn yet: In October of 2011 the GKI Economic Research Co. Budapest Real Estate Market Index plummeted (-11 points). In January of 2012 this index shows slight increase compared to the previous quarter (+1,5 points). Since the index practically stagnates, the plunge three months ago indicated long-lasting negative tendency. FIND OUT MORE

13^th of December

Budapest Property Dilemma: General phenomenon that foreigners sell rather than buy in Budapest. To sell, or not to sell: that is the question.

5^th of December

GKI Economic Research Co.: In October 2011 the GKI Budapest Real Estate Market Index shows significant decrease compared to the previous quarter. Expectations on every real estate segments deteriorated.FIND OUT MORE

1^st of December

Hungarian Statistical Office issue new reflections concerning house prices and price index in 2011, Hungary. Download English version HERE

 
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