Duna House : Other information Publication of the Duna House Barometer 2019.03.12.

PRIVACY POLICY

Statistical information and estimates published in the Duna House barometer are the intellectual property of Duna House Franchise Ltd. Statistical information and estimates presented in the Duna House barometer are for infor-mation purposes only, for the complexity and accuracy of which Duna House Holding does not take responsibility.

Statistical information and estimates published in the Duna House barometer can be used for individual purposes and responsibility by any person with reference to the following conditions:

• •Statistical information and estimates published in the Duna House barometer must remain unchanged when presented.

• •Statistical information and estimates presented in the Duna House barometer must be published only with exact source indication: words "Source: Duna House barometer" must be indicated right prior or following the text. If in context, it must directly refer to Duna House barometer as source.

any use other than the above will imply legal juridical measures. Duna House is entitled to claim the termination of misuse and refund of the entire damage caused. In case of breaching regulations of link posting Duna House is enti-tled to instantly remove the link pointing to the webpage and claim the refund of its damages.

FORTHCOMING ISSUES

Date of issue	Content
April 12, 2019.	2019. Q1 data (including price indexes and housing loan data)
May 13, 2019	2019 April data
June 12, 2019.	2019 May data

Duna House barometer is available from the 12th day of each month (forthcoming weekday if weekend) on the webpage:www.dh.hu/barometer

If you wish to receive Duna House real estate barometer or download previous issues visit our webpage:www.dh.hu

GENERAL INFORMATION CONSERNING THE CONTENT

OF THE PRESENT PUBLICATION

Attention! The present publication must not serve as grounds for estimating, or making conclusions in relation of Duna House business profitability.

All data, information, estimates and professional statements presented in the publication are developed based on data gained from the activities of Duna House Holding members,or in some cases are based on subjective experience. application of those for the entire Hungarian property market may require additional corrections. Data sources - unless indicated differently at the given section - derive from the database operated by Duna House Holding, the content of which is compiled by members of the network upon their individual judgement and information gained from clients. The operator does not take responsibility for the comprehensiveness of the data. Data presented in the present publication is mainly based on parameters of property transactions in major Hungarian cities given by Duna House branch offices and agents.

2.

4.

Privacy Policy, Forthcoming issues executive Summary

5.

6.

7.

8.

Duna House Transaction estimate Transaction parameters in budapest Transaction parameters regionally residential Flat data

9.

10.

Demand Index and Interest toward the districts Quality preference and Transaction time

11.

Client profile: buyers

12.

Client profile: sellers

EXECUTIVE SUMMARY

This February seems to be the season of records. Duna House estimated historic demand level and the highest transaction volume of the last years. Such market activity can be detected in the prices as well; nearly 50% of sale and purchase transactions in buda was concluded in the HuF 750.000+ m2 price category.

In line with the price level, buda has also stepped forward in popularity. District 2 has pushed Zugló District, the second in long months, back. No change on the top of the list with District 13 being the most popular location in the capital.

The time need for the sale of properties is still among 2-4 months, which is actually a decrease in comparison with last February in most part of the country. The sale process of inner city brick properties has increased somewhat, as buyers need more time for the decision with the outstandingly high prices.

Further information

Károly Benedikt• Head of PR and analysis[phone]

Duna House Holding Nyrt.

H-1016 budapest Gellérthegy str. 17. [phone]www.dh.hu

3 INTERESTING FACTS:

TRANSACTION DATA

Duna House Transaction Number Estimate (DH-TE)

Following a weaker demand in January, the property market has revived in February. In the month three days shorter than other months, the volume of sale transactions was higher by 2500 than in the first month of the year. although the measured volume is similar to February 2018, it shows a visible expansion when compared to 2017.

250 000

200 000

150 000

100 000

50 000

0

volume of residential property transactions conclueded between private individuals (Hungarian

Central Statistic office)

15 000

12 500

10 000

7 500

5 000

**DunaaHHoousueseestbimecastelés

KSHéavnensuaaldaatta

2017

2018

2019

The below table shows monthly transaction volume estimates by Duna House, prepared in the current month.

JaNuary	February	MarCH	aPrIL	May	JuNe	JuLy	auGuST
2017	10 444	11 317	13 762	12 452	13 855	12 836	12 951	13 787	13 639	12 246	11 820	9 787
2018	10 918	12 869	13 426	13 180	13 967	13 098	14 246	13 869	12 787	12 689	12 033	9 721
2019	10 230	12 888

SePTeMberoCToberNoveMberDeCeMber

Methodology behind DH-Te: regardless of the time, the most important indicator of the real estate market is the yearly sale-purchase transaction number. DH-Te is an estimate published by Duna House showing interim approximate data. The estimate is based on monthly transaction number of property brokered by Duna House and the estimated market ratio of Duna House. The estimate of the actual monthly market ratio of Duna House is based on the following indicators:: 1. data published by the Hungarian Central Statistical office on transactions among private individuals Since the Statistical office publishes data with a months' delay, the correction of market ratio can be carried out retroactively with refining of the estimate as well. attention! after 2016 and by the newly built flat boom, pre-contracted transactions are visible in the statistics of the Statistical office with a delay of several months, even 1-2 years, only following the tariff of the capital transfer tax, resulting in anomalies in the statistics. 2. amount of issued energy certificates. 3. Subjective assessment based on other management information from the Duna House Holding.

Please note that DH-Te data is not appropriate for defining the volume of transactions brokered by Duna House!