Real estate growth in Hungary: a record since 2018

Real estate growth in Hungary has reached record highs in record time.

Eurostat statistics, as measured by the property price index, indicate an average price increase of around 4.3% in the Eurozone and the European Union for the second half of 2018, compared to the same period a year earlier.

Four countries stand out, achieving an increase of more than double: Hungary, Ireland, Portugal and Slovenia (from 10.4% to 13.4% ).

Prices, on the other hand, were down in Sweden (-1.7%) and Italy (-0.2%).

According to Eurostat, Hungary is the country that has recorded the highest growth since 2015, with an increase of 31% , just ahead of Ireland and Latvia, making it a destination of choice for real estate investment .

Finally, very recently, the Knight & Frank report highlights the exceptional growth of Budapest ( 19% ), making the Hungarian capital the leading European city in terms of growth .

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