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8th October, 2019

Hungary tops EU home price rise list

Home prices in Hungary were up by 14% year-on-year in the second quarter, the fastest increase in the EU, according to Eurostat data.

The EU average was 4.2%, up from 4.1% in the first quarter.

Hungary’s 14% second-quarter price growth was followed by Luxembourg with 11.4% and Croatia with 10.4%.

Home prices dropped only in Italy, by 0.2%.

Eurostat has no data yet on Greece.

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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