Duna House: Home prices rise slowly in Q4

Sustainability

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The price of homes in Hungary continued to rise in the fourth quarter of last year, however, at a slower pace than in the preceding quarter, real estate broker Duna House said today in a report.

Based on nominal rates at the end of 2015, the countrywide home price index stood at 104 points in Q4, Duna House said, increasing from 101 points at the end of Q3, while based on the real rate, the index was up to 83 points from 80.

The rise in home prices slowed for both brick and pre-fabricated homes, as well as communist era flats, Duna House data reveal.

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