The FHB Agricultural Land Price Index measures the increase in Hungarian agricultural land prices from 2000 to mid-2015. It uses transaction data to track price changes, excluding speculative investments. The index is normalized to 100 for the year 2000. By analyzing confirmed transactions, the index reflects real market trends. The hedonic method is used to account for differences in land characteristics, such as size, location, and use, to accurately show price changes over time.