Budapest Business Journal
Hungary’s housing construction sector showed no signs of recovery in 2024, with the number of new homes built and construction permits issued continuing to fall, according to KSH.
The Central Statistical Office noted that in total, some 13,295 new homes were built in 2024, representing a 29% decrease compared to the previous year. The number of dwellings planned based on issued construction permits and simple declarations also dropped by 4.7% year-on-year to 20,494 units.
