Innovations has long been an important task for ELTINGA, and tangible proof of this is provided by a number of products, such as the Takarék Housing Price Index and AVM (automated valuation method). The Index, which was launched as the FHB Housing Price Index and is now called the Takarék Index, was developed in 2009 on the model of the most widely quoted international indices. Since then, it has become an important and much quoted indicator in the market. Our earlier experience contributed the housing price indices of the Hungarian Central Statistical Office and the National Bank of Hungary. In addition, we have been regularly producing thematic analyses on various topics for FHB/Takarékbank for 10 years.
Constantly developping the Automated Valuation Method approach is our key area. We are at the forefront of the development of statistical property valuation in Hungary. We constantly follow innovations abroad and catalyzing professional development in Hungary. In 2021, Takarék Bank started to use the AVM method, which calculates the statistical property value of apartments without a starting value.