31.07.2008 - Key Hungarian property market index stagnates in second quarter
From Realdeal.hu: Economic think-tank Ecostat's Real Estate Barometer, a measure of sentiment on Hungary's property market, inched up four-tenths of a percentage to 46.0pc in Q2 from the previous quarter, Ecostat director Pal Belyo said at a press conference on Wednesday. Mr Belyo said the slight increase is tantamount to stagnation, adding that property investors - who are feeling the most the drop in retail purchase power - are the least optimistic among market players. Ecostat sees little chance of a significant rise in demand for homes this year. Demand for small homes is seen continuing to drop, and the new home market is expected to remain a buyers' market..... Full Article: Source
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