Duna House presents its monthly Transaction Number Estimate (DH-TE), according to which 12 951 property sale and purchase transactions took place in July 2017 countrywide.
Volume of residential property transactions conclueded between private individuals (Hungarian
Duna House transaction number estimate
250 000
Central Statistic Office)
16000
200 000
150 000
100 000
14000
12000
10000
8000
6000
50 000
4000
2000
2015
2014
2013
2012
2011
2010
2009
2008
2007
0 0
Turnover volume on the real estate market in July, with its nearly 13 thousand value, was similar to June, and came in as the third strongest month within the current year. During the same period last year the market had already begun slowing down, in com- parison to which this year presents a 15% higher value.
As in total for the current year Duna House estimated 87 617 transactions, which is only slightly, 3% behind the first seven months of last year.
Budapest, August 1, 2017.
BACKGROUND INFO THE BELOW TABLE SHOWS MONTHLY TRANSACTION VOLUME ESTIMATES BY DUNA HOUSE.January | February | March | April | May | June | July | August | September | October | November | December |
9 040 | 10 776 | 12 263 | 12 118 | 11 934 | 12 184 | 12 355 | 11 066 | 10 987 | 11 842 | 10 553 | 10 039 |
9 870 | 13 130 | 13 897 | 14 118 | 13 294 | 14 550 | 11 257 | 11 814 | 12 029 | 10 786 | 10 700 | 9 229 |
10 444 | 11 317 | 13 762 | 12 452 | 13 855 | 12 836 | 12 951 |
2015
2016
2017
Methodology behind DH-TE
Regardless of the time, the most important indicator of the real estate market is the yearly sale-purchase transaction number. DH-TE is an estimate published by Duna House showing interim approximate data. The estimate is based on monthly transac- tion number of property brokered by Duna House and the estimated market ratio of Duna House. The estimate of the actual monthly market ratio of Duna House is based on the following indicators: data published by the Hungarian Central Statistical Office on transactions among private individuals. Since the Statistical Office publishes data with a months' delay, the correction of market ratio can be carried out retroactively with refining of the estimate as well; Amount of issued Energy certificates; Subjective assessment based on other management information from the Duna House Holding. Please note that DH-TE data is not appropriate for defining the volume of transactions brokered by Duna House, neither for estimating the business profit of Duna House Holding, or the making of any related conclusions.
Duna House Holding Nyrt. published this content on 04 September 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 04 September 2017 15:02:05 UTC.
Original documenthttps://dunahouse.com/files/ckfinder/files/DH_Extraordinary_notice_20170904_property_trans-ENG.pdf
Public permalinkhttp://www.publicnow.com/view/4C7C1D705CF345EB7E597BFAB656E5F7C5F0B00B