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Real Estate Briefing - Categorized | Market Moves, People more

Hungary: Property market frozen in 2010

Posted on 21 December 2010

From Budapesttimes.hu: At a year-end presentation by the Futureal Group last week, management reflected on a difficult year for the property market. “The property market is frozen,” CEO Gábor Futó said right at the beginning of his talk. International property developers have been hit particularly hard and several have even left Hungary, he said.
Demand has fallen sharply or collapsed depending on the sector……………………………………….Full Article: Source


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