First of all, the growth of the capital is slowing down, but the potential of the panels in Szeged lies.
Real estate prices continue to grow across the country, and the housing market is still lively this year, indicating that it may still be worth investing in real estate, even by borrowing . If we choose the town and the neighborhood well, we can easily get the value of our newly purchased apartment well above the original purchase price, and then our credit will flow. But where to buy an apartment?
To do this, the real estate market analyzes of hundreds of thousands of home ads are providing a grip.
Last year, the average rise in house prices was over 10 percent in Budapest and in the big cities in the country, and the demand for new and used homes was so strong. Realtors have also noticed several major changes:more and more people
In Budapest, at the end of December 2017, 543 thousand Forints was a square meter of average flat, which rose to 550 thousand forints by early June 2018. This is less than 1.3 percent increase in half a year, far below the 16 percent increase registered last year, even if only half of it.
In 2017, the supply price of panel houses grew more than the average, by 19 percent , due to the fact that they are much cheaper than brick buildings (at the end of 2017 they were 405 thousand forints / sq.m.) and on a small floor with several rooms – room, half room, kitchen , bath … etc. they have.
The biggest price was the price of panel houses in Szeged in 2017, which means an increase of over 20% per square meter . By the end of 2017, they asked for 233 thousand forints per square meter, and this is still the cheapest compared to the other big cities studied. The others were unable to approach this growth, increasing by 12 percent (to 270 thousand forints) in Debrecen, and by 9.6 percent (to 287 thousand forints) in Győr in 2017.
If we look at the rectangles, then Debrecen was the winner of the price increase: here the price per square meter increased by 10 percent (to 330,000 forints). Compared to this, supply prices increased by 9.6 percent (to HUF 274,000) in Szeged, and by 9.1 percent (HUF 357,000) in Győr.
By 2018, the analysis is generally predicted to increase prices by 5-10 percent.
However, it is also worth examining where, how many apartments are advertised, so how easily or hard we can get a flat for sale. The easiest thing to do is to find an apartment in the capital . Here, every 100 households have 11 homes or houses for sale, of course, you may need a thick wallet or a large loan to buy them.
Only Pest and Somogy counties are able to approach the Budapest values with 9 flats per 9 households, while in Győr-Moson-Sopron 7, Hajdú-Biharban 6, but in Csongrád, less than 5 homes for 100 households. In Tolna, Jász-Nagykun-Szolnok and Békés counties we can get the most for sale real estate, here only 2 apartments or houses are offered for sale per 100 households.