| 27.02.2009 - Hungarian housing market baffles, fails to show signs of crisis |
| From Portfolio.hu: Hungary's Central Statistics Office (KSH) has on Thursday revealed surprising data about the country's home market developments in 2008. The number of building permits was exceptionally high in the fourth quarter as if the global financial crisis had not affected local companies at all. At the same time, other researches show a nearly 40% decline in the sales of developers that generally sell more than ten homes a year. .... Full Article: Source |