The Central Bank Has Spoken: the Stagnation in the Hungarian Housing Market Is Spectacular, but Prices Have Risen Slightly Again in Several Places
4 Articles
4 Articles
The annual growth rate of housing prices slowed in all types of settlements nationwide in the third quarter, according to the quarterly published housing price index of the Hungarian National Bank. Although there was a minimal increase in nominal and real prices on a national average compared to the previous quarter, according to the latest central bank data, the annual price dynamics have noticeably slowed down. The MNB has also revised several…
In the third quarter of 2026, the annual growth rate of house prices decreased in all settlement types, and the Hungarian National Bank measured a price decrease on a quarterly basis in rural cities. On a national average, house prices increased by only 0.5 percent, and the annual price increase slowed to 6.6 percent. Overall, the house price boom that lasted from 2024 to early 2026 is coming to an end, and the question is what effect Wekerle Pl…
The rise in Hungarian house prices has slowed down dramatically, and house prices are already falling in most regions. However, those waiting for a cheaper home should also pay attention to the credit side: in addition to the planned restructuring of the Home Start Program, a lower purchase price could result in a higher monthly repayment. We looked at what the latest figures from the Hungarian National Bank say, and why it is worth financing th…
The Hungarian National Bank measured a 21.9 percent annual price increase in Pest County in the second quarter, compared to the last time it was only 6.8 percent. The increase in housing prices is also slowing in Budapest, and the largest quarterly price decrease occurred in a region where prices were still rising during the previous three measurements.
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