Incredible price increase in the Hungarian housing market - 19% growth in 12 months

According to the "Global Residential Cities Index - Q3 2018." report by Knight Frank, Budapest shows the highest 12-month residential property price growth in Europe.

Incredible price increase in the Hungarian housing market - 19% growth in 12 months


Budapest registered residential property price growth of 19% from Q3 2017 to Q3 2018, following Xi'an in China (20%) and Ahmedabad in India (19.6%) as the report says.

In the top ten list, there are only three other European cities: Porto in Portugal, (16.6%), Rotterdam in the Netherlands (15.7%), and Amsterdam also in the Netherlands (13.1%). Of the 150 cities tracked, 123 (about 82%) registered a rise in residential property prices over the examined 12 month period. The rise in prices can be increased by the actuality that the Hungarian housing market is still unable to keep up with the strong demand.


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