A lot of new apartments were built this year, but only compared to the terrible last year, Wekerle will have work to do.

In the first three quarters of 2026, 9,803 apartments were put into use, marking a 31% increase compared to the previous year. Despite this growth, it remains significantly below the estimated need for 40,000 new apartments annually for a healthy housing stock renewal. The Tisza government is introducing a new housing support package named Wekerle to stimulate construction. However, the number of housing constructions has decreased by nearly a third compared to 2023. In Budapest, 59% more apartments were built than in the same period of 2025, with a concentration in two districts. The share of apartments built by individuals has decreased, while those built by companies have increased. The average size of apartments varies across regions, with Budapest averaging 66 m2. The number of building permits issued nationwide rose by 12%, but in Budapest, it decreased by 4%.