In Budapest, the Price Per Square Meter of Some Newly Built Apartments Reached Four Million Forints

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.

KSH: In July, the Gross Average Salary Was HUF 559,100 – 15.2 Percent Higher Than a Year Earlier

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, […]