Key information about House Prices Growth

• Hungary house prices grew 18.3% YoY in Jun 2025, following an increase of 16.3% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2008 to Jun 2025, with an average growth rate of 11.8%.
• House price data reached an all-time high of 24.9% in Jun 2022 and a record low of -7.8% in Dec 2009.

Graph and download economic data for Real Residential Property Prices for Hungary (QHUR628BIS) from Q1 1992 to Q2 2025 about Hungary, residential, HPI, housing, real, price index, indexes, and price.

The average price of residential property units increased considerably in Hungary. In 2023, the average price for new houses and apartments totaled nearly ********** forints, while pre-owned homes could be purchased for approximately ********** forints.

Housing Index in Hungary increased to 352.86 points in the second quarter of 2025 from 349.19 points in the first quarter of 2025. This dataset provides - Hungary House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Over the observed period, the largest number of housing market transactions in Hungary was recorded in municipalities included in the family housing subsidy sceme. In September 2023, the number of housing market transactions in Budapest reached **** thousand, marking a decreased compared to the preceding month.

Residential Property Prices in Hungary increased 15.14 percent in June of 2025 over the same month in the previous year. This dataset includes a chart with historical data for Hungary Residential Property Prices.

Hungary House Price: Average per Square Meter: Primary Market: ow Detached data was reported at 279.000 HUF/sq m th in 2017. This records an increase from the previous number of 241.000 HUF/sq m th for 2016. Hungary House Price: Average per Square Meter: Primary Market: ow Detached data is updated yearly, averaging 228.000 HUF/sq m th from Dec 2007 (Median) to 2017, with 11 observations. The data reached an all-time high of 279.000 HUF/sq m th in 2017 and a record low of 197.000 HUF/sq m th in 2013. Hungary House Price: Average per Square Meter: Primary Market: ow Detached data remains active status in CEIC and is reported by Hungarian Central Statistical Office. The data is categorized under Global Database’s Hungary – Table HU.P004: Average House Price.

The number of transactions made on the Hungarian housing market over the observed years peaked in 2018 at nearly ******* transactions. As of 2023, the number of transactions totaled approximately *******, marking a considerable decrease compared to the preceding year.

House Price Index YoY in Hungary decreased to 15.10 percent in the second quarter of 2025 from 16 percent in the first quarter of 2025. This dataset includes a chart with historical data for Hungary House Price Index YoY.

The real estate transaction value in the real estate market in Hungary was modeled to be ************ U.S. dollars in 2024. Between 2017 and 2024, the real estate transaction value rose by ************ U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend. The real estate transaction value will steadily rise by ************ U.S. dollars over the period from 2024 to 2029, reflecting a clear upward trend.Further information about the methodology, more market segments, and metrics can be found on the dedicated Market Insights page on Real Estate.

Real estate market trends, property prices, rental yields, and market forecasts

Real Estate Market Survey: NP: Next 12 Mth: Western Hungary: Residential Unit data was reported at 3.000 % in Apr 2018. This records an increase from the previous number of 2.000 % for Jan 2018. Real Estate Market Survey: NP: Next 12 Mth: Western Hungary: Residential Unit data is updated quarterly, averaging 1.850 % from Jan 2006 (Median) to Apr 2018, with 44 observations. The data reached an all-time high of 7.000 % in Oct 2017 and a record low of -1.500 % in Apr 2009. Real Estate Market Survey: NP: Next 12 Mth: Western Hungary: Residential Unit data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Hungary - Housing cost overburden rate: Tenant, rent at market price was 43.80% in December of 2024, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Housing cost overburden rate: Tenant, rent at market price - last updated from the EUROSTAT on December of 2025. Historically, Hungary - Housing cost overburden rate: Tenant, rent at market price reached a record high of 49.90% in December of 2010 and a record low of 13.30% in December of 2021.

House prices in Hungary continued their rapid growth in early 2020, after registering double digit year-on-year figures in 2019. This growth was fuelled by several things, such as improving economic conditions and employment, growing wages, and low interest rates. In Q1 2020, the price of a house in the Central European country increased by around ***** percent year-on-year when adjusted for inflation, but this was a slowdown compared to previous quarters.

Real Estate Market Survey: NP: Next 12 Mth: Eastern Hungary: Residential Unit data was reported at 2.000 % in Oct 2018. This records a decrease from the previous number of 3.000 % for Jul 2018. Real Estate Market Survey: NP: Next 12 Mth: Eastern Hungary: Residential Unit data is updated quarterly, averaging 1.150 % from Jan 2006 (Median) to Oct 2018, with 46 observations. The data reached an all-time high of 7.000 % in Apr 2017 and a record low of -3.000 % in Oct 2011. Real Estate Market Survey: NP: Next 12 Mth: Eastern Hungary: Residential Unit data remains active status in CEIC and is reported by GKI Economic Research Co.. The data is categorized under Global Database’s Hungary – Table HU.S002: Real Estate Market Survey.

Hungary - Severe housing deprivation rate: Tenant, rent at market price was 7.50% in December of 2023, according to the EUROSTAT. Trading Economics provides the current actual value, an historical data chart and related indicators for Hungary - Severe housing deprivation rate: Tenant, rent at market price - last updated from the EUROSTAT on November of 2025. Historically, Hungary - Severe housing deprivation rate: Tenant, rent at market price reached a record high of 43.30% in December of 2008 and a record low of 7.50% in December of 2023.

View quarterly updates and historical trends for Hungary House Price Index. Source: Eurostat. Track economic data with YCharts analytics.

Building contractors and developers depend on various socio-economic factors, including property values, underlying sentiment in the housing market, the degree of optimism among downstream businesses and credit conditions. All of these drivers typically track in line with economic sentiment, with recent economic shocks spurring a difficult period for building contractors and developers. Nonetheless, the enduring need for building services, particularly to tackle housing shortages across the continent, ensures a strong foundation of work. Revenue is forecast to grow at a compound annual rate of 2.3% to reach €1.3 trillion over the five years through 2025. Operational and supply chain disruption caused by the pandemic reversed the fortunes of building contractors and developers in 2020, as on-site activity tumbled and downstream clients either cancelled, froze or scaled back investment plans. Aided by the release of pent-up demand and supportive government policy, building construction output rebounded in 2021. Excess demand for key raw materials led to extended lead times during this period, while input costs recorded a further surge as a result of the effects of rapidly climbing energy prices following Russia’s invasion of Ukraine. Soaring construction costs and the impact of interest rate hikes on both the housing market and investor sentiment led to a renewed slowdown in building construction activity across the continent. However, falling inflation and the start of an interest rate cutting cycle have spurred signs of a recovery in new work volumes, supporting anticipated revenue growth of 2.3% in 2025. Revenue is forecast to increase at a compound annual rate of 6.7% to €1.7 trillion over the five years through 2030. Activity is set to remain sluggish in the medium term, as weak economic growth and uncertainty surrounding the impact of the volatile global tariff environment on inflation and borrowing costs continue to weigh on investor sentiment. Contractors and developers will increasingly rely on public sector support, including measures to boost the supply of new housing, as countries seek to tackle severe housing shortages. Meanwhile, the introduction of more stringent sustainability requirements will drive demand for energy retrofits.

As of January 2022, the average offer price of new dwellings located in Hungary's capital, Budapest, totaled over *********** forints per square meters. At the same time, Debrecen was the second most expensive city on the Hungarian housing market with an average offer price of nearly *** thousand forints per square meter.

Graph and download economic data for Harmonized Index of Consumer Prices: Actual Rentals for Housing for Hungary (CP0410HUM086NEST) from Dec 2000 to Oct 2025 about Hungary, rent, harmonized, CPI, housing, price index, indexes, and price.