Duna House : Residential Property Monthly Transaction Volume and Mortgage Volume Estimation | Market Screener


Residential Property Volume Estimates and Mortgage Forecasts

September 2022

Duna House has shown below its estimated number of transactions per month (DH-TE) and forecast for mortgages, with 9,200 real estate transactions completed across Hungary in September 2022, with 82 billion HUF worth of housing. Indicates that a loan agreement has been concluded.

The Hungarian residential property market ended its weakest quarter of the year in September. By September 2022, he will have completed 9,200 residential property deals, according to Duna House estimates. This is 6% less than in August and 22% less than in September 2021. It’s the third quarter of 2022, but still this year’s figure he crossed the 100,000 threshold in September. Figures for the third quarter of 2022 show that the Hungarian residential property market has fallen significantly by 19% over the summer compared to the same period in 2021. Experts at Duna House say the main reason for the recession experienced since the second quarter of this year is the economic environment and the resulting rise in credit rates. Assuming a similar decline to last quarter, our experts say the housing market could end the year with 120,000 to 130,000 deals by the end of the previous quarter.

A notable slowdown also continued in the mortgage market. Duna House Finances estimates that in September 2022, he closed the third quarter with HUF 264 billion, with HUF 82 billion in mortgage contracts signed. This was the weakest quarter so far this year, as was the housing market. Compared to the third quarter of 2021, the mortgage market declined by 30% and outperformed the housing market.

Budapest, October 4, 2022

Background information

The table below is an estimate of Duna House’s monthly trading volume.

January

February

march

April

May

June

July

August

September

October

November

December

2020

9917

13,117

11,100

5971

8400

11,186

13,125

11,923

12,708

12,200

11,369

10,354

2021

11,185

14,569

15,630

13,511

14,198

13,615

11,185

11,304

11,807

11,526

11,022

11,422

2022

10,815

13,793

14,548

11,911

12,519

10,859

8978

9748

9200

The methodology behind DH-TE: Regardless of the time of year, the most important metric in the real estate market is the number of annual sales transactions. DH-TE figures are estimates published by Duna House and reflect preliminary approximations. Estimates are based on the number of monthly real estate transactions brokered by Duna House and Duna House’s estimated market share. Duna House’s current monthly market share estimates are based on the following metrics: 1. Data published by the Hungarian Central Statistical Office on transactions between individuals. Because the Bureau of Statistics publishes data with a delay of several months, market shares can be adjusted retroactively, resulting in more accurate estimates as well. Note: From 2016 onwards, as a result of the boom in new condominiums, pre-contract purchase transactions appear in the Bureau of Statistics statistics with a delay of months or a year or two after the capital transfer tax is levied. Taxed and anomalies in statistics. 2. Number of Energy Certificates issued. 3. Subjective assessment based on other management information of Duna House Holding.

Also, please note that DH-TE data cannot be used to define the volume of transactions brokered by Duna House, estimate the business profits of Duna House Holding, or draw any related conclusions.

Mortgage Forecasts: The numbers published by the Duna House Loan Center can primarily be used for quick trend forecasting. The Hungarian National Bank releases actual figures for the second month of last month at the beginning of each month.

Disclaimer

Duna House Holding plc I published this content on November 8, 2022 You are solely responsible for the information contained therein.Distributor publicunedited and unchanged, on November 8, 2022 09:43:09 UTC.

Public Now 2022

All news about DUNA HOUSE HOLDING NYRT.

Sale 2022 39 167 meters
97,7M
85,2M
net income 2022

Net Debt 2022 8 878 meters
22,2M
19,3M
PER 2022
Yield 2022 7,29%
capitalization 14 698M
36,7M
32,0M
EV / Sale 2022 0,60 times
EV / Sale 2023 0,51x
number of employees 232
free float 12.5%

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Duna House Holding Nyrt. Technical Analysis Chart | Market Screener

Income Statement Evolution

sell

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average consensus buy
number of analysts 1
Final closing price 435,00 forint
average target price 800,00 HUF
Spread/Average Target 83.9%


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