Hungary new homes: completions rise 31% to 9,803 in 2026
Hungary completed 9,803 new dwellings in the first nine months of 2026, 31% more than a year earlier, while Budapest building permits fell 4.0%.
The facts
- Hungary put 9,803 new dwellings into use in the first three quarters of 2026, +31% on the same period of 2025, the Central Statistical Office reported on 4 November 2026.
- Budapest accounted for 3,998 of them, 41% of the national total and 59% more than a year earlier; District XIII alone took 1,146 and District X 1,109.
- Permits and simple notifications covered 22,331 dwellings, up 12%, but Budapest was the only settlement category where they fell, by 4.0%.
- Villages and smaller towns drove the permit increase, up 34% and 31%, while county-seat cities added 5.0%.
- Businesses built 71% of completed dwellings, up from 65% a year earlier; private individuals fell from 35% to 29%.
- 70% of the new dwellings were built for sale and 28% for the builder's own use, a shift of about 5 percentage points towards sale.
What it means for your money
- 9,803 finished homes with 70% of them built for sale means more stock to choose from. Prices face less upward pressure than in 2025.
- Glopra's data puts Budapest at 5,042 USD per m² against 4,049 USD per m² for Hungary as a whole, so the 41% of new supply landing in the capital arrives in the country's most expensive segment.
- For someone who already owns in Budapest, the 4.0% permit decline is the only falling number in the release: the capital's forward pipeline is shrinking while the rest of the country's grows.
What to watch
- Two renovation programmes, Wekerle Panel and Wekerle Társasházi, were announced in the official gazette on 3 November 2026 alongside an amendment to the Wekerle Plusz home-acquisition loan; the full texts were not yet available when this summary was written.
- Average new-build floor space is 66 m² in Budapest against 114 m² in villages, so the same budget buys a different product depending on location.
- The Central Statistical Office publishes the full-year 2026 figures in 2027; Budapest's permit count is the single number that moved the other way this time.
Sources: KSH https://www.ksh.hu/gyorstajekoztatok/lak/lak2609.html; Magyar Kozlony https://magyarkozlony.hu/dokumentumok/a46cf8edbd12b91dd817bc7b42122e9b43ccd4df/letoltes