Hungary tops the Global House Price Index with average prices rising 15.4% year-on-year

The Global House Price Index tracks the movement in mainstream residential prices across 56 countries. The latest results show Hungary overtook China as the country with the fastest-rising house prices globally in the year to September 2019. Despite Hungary’s strong performance, the overall narrative is one of more muted growth – at 3.7%, the index registered its lowest rate of annual growth for six years.