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11th July, 2019

Hungary leads EU in property price rise

Hungary is experiencing the most drastic rise in real estate prices in the whole of the EU, according to Eurostat data.

Hungarian real estate prices were up a staggering 11-13% year-on-year in the first quarter of 2019.

This is followed by the Czech Republic with 9.4% growth, and Portugal coming in third with 9.2%.

When comparing increases in real estate prices from January 1 to March 31, Hungary with its 3.7% is still in first place, ahead of Portugal at 3.6% and Croatia third at 3.5%.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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