Rental rates in the capital were up 12.7% in December, with rates in areas on the outskirts of the city's central districts climbing 11%.

In a month-on-month comparison, home rental rates inched up 0.6% countrywide and were up 0.4% in Budapest in December.

The monthly rental rate for a flat in the capital averaged HUF 164,000 in the second half of the year. In the west of the country, a flat could be rented for HUF 126,000 per month.