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housing market

A family of four sitting at the top of a mountain (illustration, Pixabay)

Family Tax Allowance Set to Be Doubled in 2025 and 2026

In a drive to support families amid challenging global conditions, the Hungarian government plans to double the family tax allowance in two stages, maintain tax exemptions for families with four children, mothers under 30, and individuals under 25, and extend…

Central Budapest Rental Prices in 2023 Considered Mid-Range Among EU Capitals

Last year, the rental prices for centrally located properties in Budapest increased by 17 per cent compared to 2022, placing the Hungarian capital in the mid-range among EU capitals. The survey examined the rental prices of flats typically used by…
Workers in helmets at a construction site (illustration).

Government’s CSOK Expansion Set to Help Housing Market, Raise Birth Rates

High interest rates have taken a toll on the Hungarian housing market, as they have in virtually every country. The expanded CSOK programme by the Orbán administration can do a lot to revitalize the market, all the while incentivizing child…

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