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Home Start Program: Hungarian Homebuyer Demand Hits Record High in August

Hungarian housing market demand surged to unprecedented levels in August: according to fresh data from Duna House, the demand index closed at 110 points—a record high in the indicator’s 12-year history. The spike is largely attributed to the new Home Start (Otthon Start) Program, which officially launched in early September but was already influencing the market in the final month of summer. Home Start Program shakes up the real estate market Tr…

6 Articles

Lean Left

Inflation statistics tell us a lot about the economy, but they are far from everything. The purchasing power and spending of the Hungarian population are significantly determined by real estate market developments, but these data are not included in the official inflation statistics. But what would happen if the housing market and loans were also included in our price increase basket, especially now that the impact of the Home Start Program is s…

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Right

The Home Start Program has given the construction industry a spectacular boost: in three weeks, the program office received development applications for the construction of 27,000 new apartments. According to Miklós Panyi, Parliamentary and Strategic State Secretary of the Prime Minister's Office, the investments will be implemented in Budapest, the agglomeration and rural towns, which could bring not only tens of thousands of new jobs but also …

·Budapest, Hungary
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The <a href="https://www.penzcentrum.hu/otthon/20250904/elindult-az-otthon-start-vele-egyutt-a-teljes-kaosz-is-errol-tudjon-aki-felvenne-a-tamogatott-hitelt-1184881" target="_blank" rel="noopener">Otthon Start program</a>, which was launched at the beginning of the week, may fundamentally determine the housing market in the coming quarters. The extraordinary demand for apartments for sale will also be reflected in prices, while demand for apartm…

The Otthon Start program, which was launched at the beginning of the week, may fundamentally determine the housing market in the coming quarters. The extraordinary demand for apartments for sale will also be reflected in prices, while demand for apartments for rent may decrease. However, according to the leaders of the largest real estate networks, other processes in addition to Otthon Start may also shape the housing market this year, according…

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Buyers were most interested in residential properties for sale for less than 50 million forints, smaller than 40 square meters, and in good condition or renovated in the first days of September, after the launch of the Otthon Start Program, which provides preferential loans to first-time home buyers - according to a recent analysis by ingatlan.com, which examined the distribution of more than 33,000 telephone inquiries for residential properties…

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Origo broke the news in Budapest, Hungary on Thursday, September 4, 2025.
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