In January 2016, the Budapest and the Hungarian real estate market indices of GKI-MGYOSZ were higher than in the previous quarter, in both cases by almost 3 points. This represents a 35-quarter peak: last time the index was as high as this in the third quarter of 2007. Since the beginning of 2013 expectations in the real estate market have improved noticeably, with some minor fluctuations. Current prospects reflect overall optimism not seen for a long time, although there are some differences between the development paths of individual market segments.
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