Impact of Energy Rating on House Prices and Lending Rates

The real estate market is a key component of the green transition, and thus it worth examining pricing financing costs modern residential buildings in Hungary. In our study, we investigate a) whether significant price premium can be identified for properties based on new housing projects Budapest, b) banks finance with more advanced energy technologies at lower interest rates. Based regression estimation, clearly evident Budapest market: average, homes an rating BB or better are 5.1 per cent expensive than CC. estimate loan rates, no difference rates loans granted to certificate higher CC compared certificate, i.e. do not yet factor aspects into loans.