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Residential property prices in Hungary, existing dwellings (2010=100)

Hungary

House prices in Hungary.

We use quarterly data from the Hungarian Central Statistical Office, which dates to Q1 2013.

Other sources of data include the quarterly FHB Housing Price Index is based on buying and selling data recorded by FHB itself, APEH’s database and the national tax authority. It stretches back to 1998.


House prices in Hungary, % change 1 yr

Nominal and inflation-adjusted ('real')

Hungary

Source: Hungarian Central Statistics Office


Quarterly change in house prices, inflation-adjusted

 Q1Q2Q3Q4
20196.86%1.58%-4.25%
20185.01%1.92%3.96%3.78%
20172.78%2.15%3.27%3.81%
20169.17%0.23%3.07%2.34%
20157.31%2.41%4.49%2.36%
2014-1.88%3.95%2.99%3.53%
2013-0.81%-2.16%0.05%0.82%
2012-3.5%-0.75%-2.32%-5.67%
2011-1.63%-2.84%-0.59%-1%
2010-0.03%-2.45%-1.91%0.3%
2009-3.83%-0.34%-9.66%-2.64%
2008-1.93%-3.94%-0.74%0.8%
2007-0.51%-0.74%-1.87%1.92%
20062.42%-0.92%-1.08%-0.94%
2005-3.57%-0.98%0.07%0.65%
2004-5.34%2.86%-0.97%3.94%
20037.14%2.81%0.03%4.37%
20024.84%2.2%1.73%2.14%
20014.3%0.63%-0.72%1.31%
200014.56%5.94%1.11%0.93%
19993.66%7.62%6.16%7.53%
19988.54%6.63%-1.02%

This table shows the change in house prices during a single quarter, adjusted for inflation.

Adjusting house price rises (or declines) for inflation produces a more accurate picture of the change in value of housing than the usual nominal figures cited in the newspapers.


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