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Before the introduction of FHB House Price Index in 2009, no other product of this kind was available on the Hungarian market.

For preparing the Index, FHB was awarded 'Innovation in Real Estate Valuation' prize by the Hungarian Real Estate Association. The indicator is distinctive in terms of the measured time interval and the quality of the underlying data, as well as its methodological foundations conforming to international expectations. We are proud that our service has already been ordered by a number of Hungarian banks, subsidies of big international financial institutions. Since its introduction, the Central Bank of Hungary and RICS (The Royal Institute of Chartered Surveyors) have been referring to FHB Index as a featured housing market indicator.

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FHB House Price Index

  • House prices are currently at their early 2008 level, barely 1.5 percent below their pre-crisis peak
  • Since April 2014 through end of 2015  residential property prices increased by approximately 28 percent in both nominal and real terms.
  • From  2016  significant  increase is expected in newbuild dwellings due to VAT reduction (from 27 to 5 %). The new  family housing allowance (CSOK) will also stimulate the mortgage market.

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