Budapest Property Market Index climbs in July

Analysis

The Budapest Property Market Index, a quarterly measure of supply and demand as well as market players' expectations, measured 102.8 points in July, 1.6 points higher than in April, GKI chief László Akar said on Tuesday.

The index was up 19 points from its bottom two years earlier and 5 points below its pre-crisis reading.

The index is compiled quarterly by economic think-tank GKI and professional journal Ingatlan és Befektetés.

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