The average price of a new flat in the capital climbed 14pc to HUF 1,222,000/sqm during the period.

In the west of Hungary, the average price of a resale flat stood HUF 541,000/sqm, while the average price for a resale detached home was HUF 226,000/sqm.

In the north of the country, the average resale detached home price was just HUF 107,000/sqm.