Duna House reports 22.00 percent fewer sales: HUF 1,665 target for Duna House stock

Published on 10/19/2026 at 01:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

September home sales fell 30.00 percent year over year to 9,385. Duna House stock carries a HUF 1,665 analyst target.

Housing demand and valuation

Duna House estimated 26,754 residential transactions for the third quarter on October 14, 2026.
IT Boltwise reported a HUF 1,665 average analyst target on October 8, 2026.
Duna House reported EUR 125 million of revenue for fiscal year 2025.

Duna House, HU0000177613, Illustration mit AI erstellt.

Duna House (HU0000177613) estimated 26,754 residential transactions for the third quarter, down 22.00 percent from a year earlier, in a report dated October 14, 2026. Property Forum also reported weaker demand and longer selling times in Hungary.

Three dates show the shift

On October 2, 2026, Duna House estimated that September home sales fell 30.00 percent year over year to 9,385, while transactions for the first nine months reached 83,308, according to XpatLoop. On October 7, 2026, DH Group listed quarterly measures for the third quarter among its publications. The October 14, 2026 housing report then put third-quarter transactions at 26,754, 6.00 percent below the second quarter and 22.00 percent below the prior-year period, as Property Forum reported.

What does the target imply?

The valuation case rests on operating resilience rather than housing prices alone. On October 8, 2026, IT Boltwise reported an average HUF 1,665 target from two analysts, compared with a cited HUF 1,355 share price on October 1, 2026. The same report said the 52-week range was HUF 1,105 to HUF 1,525, placing the target above the reported high.

Duna House combines financial brokerage with real estate services across Italy, Poland, Hungary and Spain. Its investor page lists EUR 125 million of revenue and EUR 20 million of EBITDA for fiscal year 2025, alongside EUR 3.4 billion of mediated loans and 14,000 annual real estate transactions. Those figures describe the scale that the HUF 1,665 target assumes can continue to support earnings.

Housing data set the next test

The latest housing indicators provide a clear counterweight to the target. The Duna House report said the Budapest demand index fell to 65 points in September from 87 points a year earlier, while the average Budapest home loan declined to HUF 34.4 million from HUF 35.9 million. For investors, the central question is whether financial brokerage volumes can offset softer residential transactions and longer selling times.

Stock context for investors

Duna House remains a Budapest-listed real estate and financial-services group whose operating profile spans brokerage, lending and insurance distribution. The October figures make transaction volumes and credit activity the most useful indicators for judging whether the reported analyst target can be supported by business performance.