Last year, Budapest experienced the most significant increase in new apartment prices among the capitals of European Union member states, with a rise of 11.2% in Hungarian forints, according to a study by the audit firm Deloitte, which covers 24 European countries and 59 cities.
According to the findings, Budapest was followed by price increases in Warsaw (9.7%) and Oslo (7.2%), with no other European capital recording a price increase above 5% in the past year.
When considering prices in euros, Budapest also recorded the highest growth. However, despite this, the Hungarian capital remains relatively affordable compared to the region, with an average price of €3,260 per square meter.
New apartments are more expensive in Prague (€5,153 per square meter) and Bratislava (€3,884 per square meter).
