Over the past two years, home prices in Hungary have risen by 40 percent, according to data compiled by FHB Mortgage Bank. Adjusted for inflation, home prices are the highest they’ve been since mid-2009, with buyers spending 7.13 percent more on average. A total of 4,765 residential construction permits were issued in Q1, twice as many as the previous year, according to FHB, the country’s largest mortgage refinancer.
