The host of the show, Róbert Pallag, explored questions that are currently on the minds of the whole sector: can the residential property market bounce back? What impact will the inflationary environment, interest rate changes and investor confidence have on the market?
Returning trust, changing priorities
Máté Szoboszlay pointed out that although the uncertainties of the past years – high interest rate environment, developers’ wait-and-see approach, price increases – may have curbed the dynamism of the residential property market, a clear recovery is expected in the second half of 2024. This is partly driven by investor demand for maturing government bonds, which is re-directing savings towards real estate.
In addition, the extension of the 5% VAT rate is also an important factor, which is encouraging for developers, especially in the metropolitan, premium segment.
Beyond housing – a diversified development strategy
The discussion also touched on Faedra Group’s extensive project portfolio, which includes not only residential properties but also logistics developments. Máté Szoboszlay stressed that Faedra’s aim is not just to follow market trends, but to create long-term value, with location, energy efficiency and sustainability playing a key role.
Listen to the interview
The thoughts expressed during the interview not only provide timely market insights, but also valuable guidance for investors, buyers and professionals alike.
