For small and private investors, real estate has been popular as a form of investment for decades, and the market has so far lived up to expectations, Rajnai relates.

Through statistical analysis over the past 30 years, he concludes that residential real estate investment has yielded returns above inflation.

Demand remains strong in this area; a good-looking property can change hands in just a few days, and neither the trend nor the rise in prices is expected to come to a halt.

The previously predicted peak is not likely any time soon, he added.