Hungarian construction sector blues

Hungary’s being talked about at the moment as offering the best prices for existing real estate. The latest numbers from the country’s construction sector will reinforce that view, at least in terms of a severely reduced pipeline of new stock. The country’s construction output fell in April by 15.5%, and that follows a 10.9% drop in April. The volume of new orders fell 30%. (All figures comparing from April 2010, btw)

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