Apartment prices have grown the most in Hungary across the EU

Although the rise in the prices of apartments has slowed down in the first three months of the year in the EU, Hungary is still on the top of the list concerning the rate of the increase in prices.

Heti Világgazdaság reports based on data published by Eurostat apartment prices in the EU and the eurozone has grown by 4.0 per cent in the period between January and March 2019 in a yearly comparison, while compared to the previous quarter, there is a 0.3 growth.

Prices grew by 4.8 per cent both in Q2 and Q3 in 2018, while in Q4 by 4.6 per cent in the eurozone. If comparing the quarters to one another, there is a 1.5 per cent growth from Q1 to Q2, a 1.6 per cent growth from Q2 to Q3 and a 0.6 per cent growth from Q3 to Q4.

In the EU, on the other hand, price growth was 4.6 per cent for both Q2 and Q3, and 4.5 per cent for Q4. There was a 1.6 per cent growth from Q1 to Q2 and respectively from Q2 to Q3, while only a 0.5 per cent growth from Q3 to Q4.