Hungary Tops EU Home Price Rise List

  • 8 Oct 2019 10:05 AM
  • Hungary Around the Clock
Hungary Tops EU Home Price Rise List
Home prices in Hungary were up by 14% year-on-year in the second quarter, the fastest increase in the EU, according to Eurostat data.

The EU average was 4.2%, up from 4.1% in the first quarter.

Hungary’s 14% second-quarter price growth was followed by Luxembourg with 11.4% and Croatia with 10.4%.

Home prices dropped only in Italy, by 0.2%.

Eurostat has no data yet on Greece.

MTI Photo: Jászai Csaba

  • How does this content make you feel?

XpatLoop Media Partner

Hungary Around the Clock

Since 1995 Hungary Around the Clock has proven to be one of the most comprehensive sources of daily English-language news about Hungary. It covers ongoing domestic politics and foreign relations, as well as business and economic matters. For a free trial of HATC visit www.hatc.hu and click on 'Free Trial Subscription’.

Explore More Reports

  • New Budapest Homes Reach HUF 900,000 Per M2

    New Budapest Homes Reach HUF 900,000 Per M2

    • 20 Sep 2019 7:35 AM

    The average price of newly built homes in Budapest reached Ft 900,000/m2 in the second quarter, the Budapest Housing Report calculated based on a database of 24,000 homes in large housing projects in the capital.

  • Dunakeszi & Szigetszentmiklós Increasingly Popular Satellite Towns To Buy Homes

    Dunakeszi & Szigetszentmiklós Increasingly Popular Satellite Towns To Buy Homes

    • 3 Sep 2019 8:06 AM

    The municipalities of Dunakeszi (18 km north of Budapest) and Szigetszentmiklós (20 km south of the capital) have become the most popular satellite towns in which to buy homes, after Érd (20 km SW of Budapest), which has long been the biggest magnet, reported business daily Világgazdaság, citing population and real estate transaction statistics.