March 9th, 2010
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Otthon Centrum sees Hungary housing market growing 5% in 2010

Otthon Centrum expects Hungary’s home market to grow around 5pc in 2010 after bottoming out in 2009, but it sees home prices stagnating, the real estate broker told MTI on Monday.

The number of building permits issued for homes plunged 35pc to 28,400 in 2009, the Central Statistics Office (KSH) said at the end of February.

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