{
  "id": "macro_economics/housing/hu_housing_market_activity_monthly",
  "generated_at": "2026-06-13T09:27:03.043729+00:00",
  "last_refresh": "2026-06-13",
  "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
  "source_description": "Monthly Hungary housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
  "table_id": "macro_economics/housing/hu_housing_market_activity_monthly",
  "meta": {
    "indicator_name": "Hungary housing market activity",
    "indicator_description": "Monthly Hungary housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "title": "Hungary housing market activity",
    "description": "Monthly Hungary housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "source": "ECB MIR monthly new housing loans adjusted with Eurostat total dwelling house price index, and Eurostat residential building permit data; mortgage series smoothed with a 3-month moving average before rebasing and weighting.",
    "source_description": "Monthly Hungary housing market activity indicator based on a weighted combination of 3-month smoothed new mortgage lending and residential building permits, indexed to 2019 = 100.",
    "visibility": "public",
    "updated_at": "2026-06-13T09:16:35.898487Z",
    "last_refresh": "2026-06-13",
    "table_id": "macro_economics/housing/hu_housing_market_activity_monthly",
    "topic": "Macroeconomics",
    "subtopic": "Housing",
    "geo": [
      "HU"
    ],
    "geo_included": [
      "HU"
    ],
    "page_slug": "hungary-housing-market-activity",
    "page_url": "/indicators/macroeconomics/housing/hungary-housing-market-activity/",
    "chart_type": "line",
    "series_type": "single",
    "frequency": "monthly",
    "units": "Index (2019 = 100)",
    "legend": false,
    "featured_topic": false,
    "featured_subtopic": false,
    "featured_rank_topic": null,
    "featured_rank_subtopic": null,
    "chart_title": "Hungary Housing Market Activity",
    "y_axis_label": "Index [2019=100]",
    "related_indicators": [
      {
        "title": "Hungary Furniture Consumer Market Size",
        "url": "/indicators/retail/market-size/hungary-furniture-consumer-market-size/",
        "label": "Market size"
      },
      {
        "title": "Hungary Furniture Production Market Size",
        "url": "/indicators/industry/market-size/hungary-furniture-production-turnover/",
        "label": "Industry"
      },
      {
        "title": "Hungary Consumer Confidence",
        "url": "/indicators/macroeconomics/consumer-sentiment/hungary-consumer-confidence/",
        "label": "Sentiment"
      },
      {
        "title": "HUF per EUR Exchange Rate",
        "url": "/indicators/macroeconomics/exchange-rates/huf-eur-exchange-rate/",
        "label": "Currency"
      }
    ],
    "taxonomy_path": [
      "macroeconomics",
      "housing",
      "market-activity"
    ],
    "taxonomy_labels": [
      "Macroeconomics",
      "Housing",
      "Market activity"
    ],
    "taxonomy_nodes": [
      {
        "id": "macroeconomics",
        "label": "Macroeconomics",
        "has_page": true,
        "sort_order": 30
      },
      {
        "id": "housing",
        "label": "Housing",
        "has_page": true,
        "sort_order": 20
      },
      {
        "id": "market-activity",
        "label": "Market activity",
        "has_page": false,
        "sort_order": 10
      }
    ],
    "taxonomy_page_path": [
      "macroeconomics",
      "housing"
    ],
    "taxonomy_page_labels": [
      "Macroeconomics",
      "Housing"
    ],
    "taxonomy_collection": "market-activity",
    "taxonomy_collection_label": "Market activity",
    "entity": {
      "type": "country",
      "geo": [
        "HU"
      ]
    },
    "methodology_url": "/about/methodology/housing-market-activity/",
    "methodology_label": "Housing Market Activity Methodology",
    "data_hash": "4e985a02d0148e7391479d1703cc6cec8ce2aa4753ce33b8eed49e8781d4b6b2",
    "trend_summary": "The Hungary housing market activity index shows significant fluctuations over time, with notable peaks and troughs. The index reached a peak of 166.6 in January 2026, following a low of 42.3 in March 2023. The latest level of 128.7 suggests a recovery from the trough, sitting above the historical average. Recent momentum appears strong, with year-over-year increases of 83.4% over the past three months, 65.2% over six months, and 36.6% over twelve months, indicating a robust upward trend.",
    "trend_summary_generated_at": "2026-06-13T09:27:16.091063+00:00",
    "key_findings": [
      "Hungary's housing activity index at 128.7 suggests strong demand, supporting home-related sectors above the 2019 baseline.",
      "Recent improvements with an 83.4% year-over-year increase indicate easing housing pressure, yet the signal remains mixed.",
      "The housing recovery fits with cautious consumer confidence, reflecting a fragile backdrop despite upward trends."
    ],
    "key_findings_source": "ai_rewrite",
    "key_findings_generated_at": "2026-06-13T09:27:23.517624+00:00",
    "chart_alt_text": "Line chart for Hungary Housing Market Activity in index points. The series runs from 2017-08-01 to 2026-03-01; the latest value is 128.7 index points. The peak is 166.6 index points in 2026-01-01."
  },
  "data": [
    {
      "date": "2017-08-01",
      "geo": "HU",
      "value": 107.91
    },
    {
      "date": "2017-09-01",
      "geo": "HU",
      "value": 109.28
    },
    {
      "date": "2017-10-01",
      "geo": "HU",
      "value": 111.79
    },
    {
      "date": "2017-11-01",
      "geo": "HU",
      "value": 99.67
    },
    {
      "date": "2017-12-01",
      "geo": "HU",
      "value": 98.87
    },
    {
      "date": "2018-01-01",
      "geo": "HU",
      "value": 105.36
    },
    {
      "date": "2018-02-01",
      "geo": "HU",
      "value": 99.23
    },
    {
      "date": "2018-03-01",
      "geo": "HU",
      "value": 96.22
    },
    {
      "date": "2018-04-01",
      "geo": "HU",
      "value": 94.16
    },
    {
      "date": "2018-05-01",
      "geo": "HU",
      "value": 102.68
    },
    {
      "date": "2018-06-01",
      "geo": "HU",
      "value": 109.89
    },
    {
      "date": "2018-07-01",
      "geo": "HU",
      "value": 115.87
    },
    {
      "date": "2018-08-01",
      "geo": "HU",
      "value": 126.47
    },
    {
      "date": "2018-09-01",
      "geo": "HU",
      "value": 112.63
    },
    {
      "date": "2018-10-01",
      "geo": "HU",
      "value": 108.42
    },
    {
      "date": "2018-11-01",
      "geo": "HU",
      "value": 115.16
    },
    {
      "date": "2018-12-01",
      "geo": "HU",
      "value": 107.72
    },
    {
      "date": "2019-01-01",
      "geo": "HU",
      "value": 97.2
    },
    {
      "date": "2019-02-01",
      "geo": "HU",
      "value": 89.82
    },
    {
      "date": "2019-03-01",
      "geo": "HU",
      "value": 102.82
    },
    {
      "date": "2019-04-01",
      "geo": "HU",
      "value": 99.49
    },
    {
      "date": "2019-05-01",
      "geo": "HU",
      "value": 104.56
    },
    {
      "date": "2019-06-01",
      "geo": "HU",
      "value": 102.23
    },
    {
      "date": "2019-07-01",
      "geo": "HU",
      "value": 120.94
    },
    {
      "date": "2019-08-01",
      "geo": "HU",
      "value": 108.42
    },
    {
      "date": "2019-09-01",
      "geo": "HU",
      "value": 90.76
    },
    {
      "date": "2019-10-01",
      "geo": "HU",
      "value": 92.81
    },
    {
      "date": "2019-11-01",
      "geo": "HU",
      "value": 92.25
    },
    {
      "date": "2019-12-01",
      "geo": "HU",
      "value": 98.7
    },
    {
      "date": "2020-01-01",
      "geo": "HU",
      "value": 93.06
    },
    {
      "date": "2020-02-01",
      "geo": "HU",
      "value": 89.01
    },
    {
      "date": "2020-03-01",
      "geo": "HU",
      "value": 91.88
    },
    {
      "date": "2020-04-01",
      "geo": "HU",
      "value": 84.67
    },
    {
      "date": "2020-05-01",
      "geo": "HU",
      "value": 81.58
    },
    {
      "date": "2020-06-01",
      "geo": "HU",
      "value": 82.98
    },
    {
      "date": "2020-07-01",
      "geo": "HU",
      "value": 79.06
    },
    {
      "date": "2020-08-01",
      "geo": "HU",
      "value": 82.46
    },
    {
      "date": "2020-09-01",
      "geo": "HU",
      "value": 88.7
    },
    {
      "date": "2020-10-01",
      "geo": "HU",
      "value": 88.37
    },
    {
      "date": "2020-11-01",
      "geo": "HU",
      "value": 89.46
    },
    {
      "date": "2020-12-01",
      "geo": "HU",
      "value": 90.58
    },
    {
      "date": "2021-01-01",
      "geo": "HU",
      "value": 88.84
    },
    {
      "date": "2021-02-01",
      "geo": "HU",
      "value": 86.34
    },
    {
      "date": "2021-03-01",
      "geo": "HU",
      "value": 88.69
    },
    {
      "date": "2021-04-01",
      "geo": "HU",
      "value": 102.71
    },
    {
      "date": "2021-05-01",
      "geo": "HU",
      "value": 110.17
    },
    {
      "date": "2021-06-01",
      "geo": "HU",
      "value": 129.51
    },
    {
      "date": "2021-07-01",
      "geo": "HU",
      "value": 124.4
    },
    {
      "date": "2021-08-01",
      "geo": "HU",
      "value": 118.36
    },
    {
      "date": "2021-09-01",
      "geo": "HU",
      "value": 121.45
    },
    {
      "date": "2021-10-01",
      "geo": "HU",
      "value": 113.41
    },
    {
      "date": "2021-11-01",
      "geo": "HU",
      "value": 108.65
    },
    {
      "date": "2021-12-01",
      "geo": "HU",
      "value": 99.64
    },
    {
      "date": "2022-01-01",
      "geo": "HU",
      "value": 99.26
    },
    {
      "date": "2022-02-01",
      "geo": "HU",
      "value": 106.1
    },
    {
      "date": "2022-03-01",
      "geo": "HU",
      "value": 106.71
    },
    {
      "date": "2022-04-01",
      "geo": "HU",
      "value": 115.17
    },
    {
      "date": "2022-05-01",
      "geo": "HU",
      "value": 120.84
    },
    {
      "date": "2022-06-01",
      "geo": "HU",
      "value": 115.0
    },
    {
      "date": "2022-07-01",
      "geo": "HU",
      "value": 113.81
    },
    {
      "date": "2022-08-01",
      "geo": "HU",
      "value": 91.62
    },
    {
      "date": "2022-09-01",
      "geo": "HU",
      "value": 85.58
    },
    {
      "date": "2022-10-01",
      "geo": "HU",
      "value": 83.63
    },
    {
      "date": "2022-11-01",
      "geo": "HU",
      "value": 69.8
    },
    {
      "date": "2022-12-01",
      "geo": "HU",
      "value": 64.17
    },
    {
      "date": "2023-01-01",
      "geo": "HU",
      "value": 49.66
    },
    {
      "date": "2023-02-01",
      "geo": "HU",
      "value": 43.23
    },
    {
      "date": "2023-03-01",
      "geo": "HU",
      "value": 42.31
    },
    {
      "date": "2023-04-01",
      "geo": "HU",
      "value": 43.46
    },
    {
      "date": "2023-05-01",
      "geo": "HU",
      "value": 50.61
    },
    {
      "date": "2023-06-01",
      "geo": "HU",
      "value": 46.21
    },
    {
      "date": "2023-07-01",
      "geo": "HU",
      "value": 45.95
    },
    {
      "date": "2023-08-01",
      "geo": "HU",
      "value": 46.71
    },
    {
      "date": "2023-09-01",
      "geo": "HU",
      "value": 47.2
    },
    {
      "date": "2023-10-01",
      "geo": "HU",
      "value": 54.26
    },
    {
      "date": "2023-11-01",
      "geo": "HU",
      "value": 53.64
    },
    {
      "date": "2023-12-01",
      "geo": "HU",
      "value": 57.28
    },
    {
      "date": "2024-01-01",
      "geo": "HU",
      "value": 58.77
    },
    {
      "date": "2024-02-01",
      "geo": "HU",
      "value": 64.24
    },
    {
      "date": "2024-03-01",
      "geo": "HU",
      "value": 59.13
    },
    {
      "date": "2024-04-01",
      "geo": "HU",
      "value": 66.77
    },
    {
      "date": "2024-05-01",
      "geo": "HU",
      "value": 73.09
    },
    {
      "date": "2024-06-01",
      "geo": "HU",
      "value": 78.32
    },
    {
      "date": "2024-07-01",
      "geo": "HU",
      "value": 79.68
    },
    {
      "date": "2024-08-01",
      "geo": "HU",
      "value": 76.41
    },
    {
      "date": "2024-09-01",
      "geo": "HU",
      "value": 90.3
    },
    {
      "date": "2024-10-01",
      "geo": "HU",
      "value": 68.54
    },
    {
      "date": "2024-11-01",
      "geo": "HU",
      "value": 68.77
    },
    {
      "date": "2024-12-01",
      "geo": "HU",
      "value": 91.04
    },
    {
      "date": "2025-01-01",
      "geo": "HU",
      "value": 72.55
    },
    {
      "date": "2025-02-01",
      "geo": "HU",
      "value": 74.82
    },
    {
      "date": "2025-03-01",
      "geo": "HU",
      "value": 78.76
    },
    {
      "date": "2025-04-01",
      "geo": "HU",
      "value": 83.86
    },
    {
      "date": "2025-05-01",
      "geo": "HU",
      "value": 83.68
    },
    {
      "date": "2025-06-01",
      "geo": "HU",
      "value": 83.79
    },
    {
      "date": "2025-07-01",
      "geo": "HU",
      "value": 88.32
    },
    {
      "date": "2025-08-01",
      "geo": "HU",
      "value": 82.28
    },
    {
      "date": "2025-09-01",
      "geo": "HU",
      "value": 82.41
    },
    {
      "date": "2025-10-01",
      "geo": "HU",
      "value": 89.41
    },
    {
      "date": "2025-11-01",
      "geo": "HU",
      "value": 120.1
    },
    {
      "date": "2025-12-01",
      "geo": "HU",
      "value": 126.41
    },
    {
      "date": "2026-01-01",
      "geo": "HU",
      "value": 166.57
    },
    {
      "date": "2026-02-01",
      "geo": "HU",
      "value": 119.47
    },
    {
      "date": "2026-03-01",
      "geo": "HU",
      "value": 128.68
    }
  ]
}