In the early years the leadership of Duna House struggled with the fact, that in Hungary a credible source, that would provide monthly updated information on real estate market does not exist. We believe, that this market - especially in recent years, when huge changes happen month by month- analysis arriving with a 4-5 months delay is rather follow-up discussions, but what the market needs is a more immediate, instantaneous EKG.
As a market leader most real estate transactions are managed by us in our country, so we have such relevant information about the conditions of real estate and purchase conditions, which are not available anywhere else in such quantity and accuracy. Over the years (primarily for our own use) real estate market analysis and estimate methods have been developed, which have proved to come through over time.
In this publication - which we call Duna House Barometer - periodic data, which we think to be useful to the market, were first published.
In addition to the information, Duna House Barometer also contains 4 exciting and revolutionary new estimates or indexes: DH Transaction Number Estimate (DH-TB), DH Demand Index and DH-Panel and Brick housing Price Index. We work with representative quantity from our huge database and partly it is estimated, in our experience we can set the values to 50-10% accuracy. As I mentioned in my introduction Duna House Barometer has a great virtue, that it is instant, provides up-to-date data, so it can reflect the current status of trends, directions and prices.
From this time Duna House Barometer is published at the beginning of each quarter. With extended amount of data it will be published quarterly, semi-annually and annually like it was at the first time now. We hope, that we can help sellers and buyers as well the same way we can help investors, financial institutions in order to plan their real estate matters better.
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We wish you useful reading!