Key information about House Prices Growth

• Hungary house prices grew 12.2% YoY in Sep 2024, following an increase of 12.9% YoY in the previous quarter.
• YoY growth data is updated quarterly, available from Mar 2008 to Sep 2024, with an average growth rate of 8.3%.
• House price data reached an all-time high of 24.9% in Jun 2022 and a record low of -7.8% in Dec 2009.

The report covers the Hungary real estate market overall competitive landscape, government role and regulations, trends and developments, market segmentation.

The real estate transaction value in the real estate market in Hungary was forecast to continuously increase between 2024 and 2029 by in total *** billion euro (+***** percent). After the ***** consecutive increasing year, the real estate transaction value is estimated to reach ***** billion euro and therefore a new peak in 2029. Find further information concerning the real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Canada and the real estate transaction value in the 'Residential Real Estate Transactions' segment of the real estate market in Spain. The Statista Market Insights cover a broad range of additional markets.

Housing Index in Hungary increased to 337.54 points in the first quarter of 2025 from 320.75 points in the fourth quarter of 2024. This dataset provides - Hungary House Price Index - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In the last quarter of 2023, the prime yield in the Budapest hotel market totaled *** percent. During the same period, industrial and logistics properties had a prime yield of seven percent.

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.

Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Warehouse data was reported at 2.000 % in Jan 2018. This stayed constant from the previous number of 2.000 % for Oct 2017. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Warehouse data is updated quarterly, averaging 0.000 % from Jan 2006 (Median) to Jan 2018, with 43 observations. The data reached an all-time high of 5.000 % in Jul 2016 and a record low of -9.000 % in Apr 2009. Real Estate Market Survey: EP: Next 12 Mth: Western Hungary: Warehouse 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.

Companies operating in the third-party real estate industry have had to navigate numerous economic headwinds in recent years, notably rising interest rates, spiralling inflation and muted economic growth. Revenue is projected to sink at a compound annual rate of 0.6% over the five years through 2025, including an estimated jump of 1.2% in 2025 to €207.6 billion, while the average industry profit margin is forecast to reach 35.1%. Amid spiralling inflation, central banks across Europe ratcheted up interest rates, resulting in borrowing costs skyrocketing over the two years through 2023. In residential markets, elevated mortgage rates combined with tightening credit conditions eventually ate into demand, inciting a drop in house prices. Rental markets performed well when house prices were elevated (2021-2023), being the cheaper alternative for cash-strapped buyers. However, even lessors felt the pinch of rising mortgage rates, forcing them to hoist rent prices to cover costs and pricing out potential buyers. This led to a slowdown in rental markets in 2023, weighing on revenue growth. However, this has started to turn around in 2025 as interest rates have been falling across Europe in the two years through 2025, reducing borrowing costs for buyers and boosting property transactions. This has helped revenue to rebound slightly in 2025 as estate agents earn commission from property transactions. Revenue is forecast to swell at a compound annual rate of 3.7% over the five years through 2030 to €249.5 billion. Housing prices are recovering in 2025 as fixed-rate mortgages begin to drop and economic uncertainty subsides, aiding revenue growth in the short term. Over the coming years, PropTech—technology-driven innovations designed to improve and streamline the real estate industry—will force estate agents to adapt, shaking up the traditional real estate sector. A notable application of PropTech is the use of AI and data analytics to predict a home’s future value and speed up the process of retrofitting properties to become more sustainable.

The volume of investments on the Hungarian retail real estate market peaked in 2018 at *** million euros. However, this figure fluctuated over the following years and totaled *** million euros in 2022.

The Direct Real Estate Activities industry have come up against numerous headwinds in recent years, ranging from the COVID-19 outbreak in 2020 to the high base rate environment in the years since, which has inflated borrowing costs for potential buyers. This is a sharp contrast to the ultra-low interest environment seen over the decade following the 2008 financial crisis. Still, revenue is forecast to edge upwards at a compound annual rate of 0.6% over the five years through 2025 to €622.9 billion, including an anticipated rise of 0.8% in 2025. Despite weak revenue growth, profitability remains strong, with the average industry profit margin standing at an estimated 18.9% in 2025. Central banks across Europe adopted aggressive monetary policy in the two years through 2023 in an effort to curb spiralling inflation. This ratcheted up borrowing costs and hit the real estate sector. In the residential property market, mortgage rates picked up and hit housing transaction levels. However, the level of mortgage rate hikes has varied across Europe, with the UK experiencing the largest rise, meaning the dent to UK real estate demand was more pronounced. Commercial real estate has also struggled due to inflationary pressures, supply chain disruptions and rising rates. Alongside this, the market’s stock of office space isn’t able to satisfy business demand, with companies placing a greater emphasis on high-quality space and environmental impact. Properties in many areas haven't been suitable due to their lack of green credentials. Nevertheless, things are looking up, as interest rates have been falling across Europe over the two years through 2025, reducing borrowing costs and boosting the number of property transactions, which is aiding revenue growth for estate agents. Revenue is slated to grow at a compound annual rate of 4.5% over the five years through 2030 to €777.6 billion. Economic conditions are set to improve in the short term, which will boost consumer and business confidence, ramping up the number of property transactions in both the residential and commercial real estate markets. However, estate agents may look to adjust their offerings to align with the data centre boom to soak up the demand from this market, while also adhering to sustainability commitments.

Hungary Real Estate Market Survey: EP: Next 12 Mth: Budapest: Building Plots data was reported at 1.000 % in Oct 2018. This records a decrease from the previous number of 3.000 % for Jul 2018. Hungary Real Estate Market Survey: EP: Next 12 Mth: Budapest: Building Plots data is updated quarterly, averaging 4.000 % from Jan 2006 (Median) to Oct 2018, with 38 observations. The data reached an all-time high of 15.000 % in Apr 2016 and a record low of -6.000 % in Jan 2010. Hungary Real Estate Market Survey: EP: Next 12 Mth: Budapest: Building Plots 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.

The value of investments on the Hungarian commercial real estate market totaled at 900 million euros in 2022. The office segment attracted the biggest share of the investments, followed by retail.

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.

Comprehensive dataset of 415 Real estate developers in Hungary as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Hungary Real Estate Market Survey: EP: Next 12 Mth: Warehouse data was reported at 1.300 % in Jan 2018. This records a decrease from the previous number of 3.000 % for Oct 2017. Hungary Real Estate Market Survey: EP: Next 12 Mth: Warehouse data is updated quarterly, averaging 0.000 % from Jan 2006 (Median) to Jan 2018, with 43 observations. The data reached an all-time high of 3.700 % in Jul 2017 and a record low of -5.000 % in Apr 2009. Hungary Real Estate Market Survey: EP: Next 12 Mth: Warehouse 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.

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.

Comprehensive dataset of 7 Real estate rentals in Hungary as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Hungary Real Estate Market Survey: EP: Next 12 Mth: Building Plots data was reported at 2.000 % in Oct 2018. This records a decrease from the previous number of 4.000 % for Jul 2018. Hungary Real Estate Market Survey: EP: Next 12 Mth: Building Plots data is updated quarterly, averaging 3.850 % from Jan 2006 (Median) to Oct 2018, with 38 observations. The data reached an all-time high of 12.000 % in Apr 2016 and a record low of -3.000 % in Apr 2009. Hungary Real Estate Market Survey: EP: Next 12 Mth: Building Plots 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.

Comprehensive dataset of 525 Real estate agents in Hungary as of July, 2025. Includes verified contact information (email, phone), geocoded addresses, customer ratings, reviews, business categories, and operational details. Perfect for market research, lead generation, competitive analysis, and business intelligence. Download a complimentary sample to evaluate data quality and completeness.

Hungary Real Estate Market Survey: EP: Next 12 Mth: Retail Space data was reported at 5.300 % in Jan 2018. This records an increase from the previous number of 3.300 % for Oct 2017. Hungary Real Estate Market Survey: EP: Next 12 Mth: Retail Space data is updated quarterly, averaging 0.000 % from Jan 2006 (Median) to Jan 2018, with 43 observations. The data reached an all-time high of 5.300 % in Jan 2018 and a record low of -6.000 % in Apr 2009. Hungary Real Estate Market Survey: EP: Next 12 Mth: Retail Space 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.