HCSO–ingatlan.com-rent index, September 2024

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HCSO–ingatlan.com-rent index

Asking rents were virtually flat nationally in September 2024 (-0.1%), while in Budapest they increased by 0.4% compared with August. September rents were 9.6% higher nationally and 9.8% higher in Budapest than in the same period last year, and 112% and 102% higher than in the base period of 2015.

The real rent index exceeded the 2015 base by 28% nationally and by 22% in the capital. Compared with the previous month, the real rent index was broadly unchanged nationally, while in Budapest it rose by 0.5%.

Budapest HCSO–ingatlan.com nominal rent index

In Budapest, asking rents rose by 0.5% in the Buda hill districts and fell by 0.3% in the other districts on the Buda side compared with the previous month. Rents rose by 0.4% in the inner districts of the Pest side and by 0.2% in both the transitional and outer districts. Over a year, the highest increase was in the Buda hill districts (10.6%) and the lowest in the outer districts of Pest (9.8%).

Changes in the number of ads used in the calculations by type of settlement

In the first nine months of 2024, the vast majority (92%) of the advertisements observed were for flats in multi-dwelling buildings, with the remaining 8% or so for detached houses. In Budapest, only 3.3% of dwellings for rent were detached houses. In the period January-September 2024, 44% of the advertisements taken into account nationally and 43% in the capital were from individuals.

Expected next release: 12 November 2024


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Related data (HCSO Monitor)

HCSO-ingatlan.com rent index guide
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