House prices rise most steeply in Hungary in entire EU

Portfolio
House prices rose by 4% in the EU in the first quarter of 2019 compared with the same quarter of the previous year, while Hungary saw a 11.3% increase in the same period. This puts Hungary on top of the EU rankings, followed by the Czech Republic with 9.4% and Portugal with 9.2%, according to the latest analysis released by Eurostat , the statistical office of the European Union.
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.

Click to enlarge
 

More in Property

DBZOL Lázár János MTI 20250428004
May 20, 2025 13:46

Hungarian minister's proposal passed by Parliament – What to expect in construction now?

The next step is to explore the subcontracting chain

Vajon hol és milyen lakások drágultak legnagyobb mértékben Budapesten?
May 13, 2025 14:45

Budapest property price growth slows, buyers turn to the countryside

Buyers' bargaining power could improve

Panellakás Budapest
May 07, 2025 14:00

Rental prices remain above psychological threshold in Budapest

Asking rents in the capital have stabilised at a high level

Duna House
May 05, 2025 16:20

Hungarian housing market loses momentum in April

Mortgage lending picked up, though

LATEST NEWS

Detailed search