After a dramatic two-year property boom, what next for Hungary?
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Hungary has experienced an amazing property bull market for the past two years, but a slowdown appears imminent.
During 2015 house prices increased by 17.71% (17.78% inflation-adjusted), according to FHB Bank's estimate. Figures from the Hungarian Central Statistical Office (KSH) are lower - according to KSH, prices of existing dwellings rose by 11.71% (11.78% inflation-adjusted) in 2015, while prices of new dwellings increased by 6.67% (6.74% inflation-adjusted).
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