The government will introduce a new housing subsidy scheme in 2024, which may revive the frozen Hungarian real estate market. After the COVID pandemic, the Hungarian property sector started to thrive, prices skyrocketed and made it impossible for average Hungarians to buy a flat or house in the cities or Budapest. The trend broke last year, but it seems it will continue from 2024. Experts believe property prices will begin to increase again with at least the average inflation rate.

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