House prices rise most steeply in Hungary in entire EU
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Hungary rose to the top of Eurostat's House Price Index rankings in 2016 and has been in among the markets with the highest increase ever since. Based on data from the first quarter of 2019, residential property prices grew almost three times as much in Hungary year on year as the 4% EU average. The only other countries to exceed 9% were the Czech Republic and Portugal, while the only country where house prices fell since last year was Italy, which saw a 0.8% decrease.