The average price of resale brick homes in Budapest stagnated around HUF 280,000 per square meter in the first half of the year, well under the HUF 310,000 before the crisis, home broker franchise Otthon Centrum said, based on its own data.
The price of resale brick homes in the capital rose an annual 5-7% in the years between 2004 and 2008.
The price of resale brick homes in other cities around the country averaged HUF 175,000 per square meter in H1.
The price of pre-fabricated concrete homes built in the communist era averaged HUF 170,000 per square meter in the capital and HUF 130,000 per square meter in other cities around the country.
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