| After two years of house price falls, the Hungarian housing market is now stabilizing. In the first quarter of 2011, house prices nationwide increased by 0.11% from the previous quarter, according to the FHB Bank. However, when adjusted for inflation, the house price index dropped by 1.12% over the same period.
On a year-on-year basis, house prices fell by 1.62% (-5.56% in real terms) y-o-y to Q1 2011, a large improvement from the 11.31% drop (-15.66% in real terms) seen during the year to Q4 2010..............................................Full Article: Source
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