In Bucharest, the decline was steeper, at 12%, in line with Colliers data.
“The real estate market activity decline is the cumulated outcome of several factors that hurt both Romanians’ confidence, as well as their purchasing power,” says Gabriel Blanita, Associate Director | Valuation & Advisory Services, Colliers Romania.
After a 2024 when house deliveries in Bucharest dropped by almost 20%, 2025 is not bringing firm rebound signs, either. While construction works volume rose by 9% in the first quarter, the pace of deliveries is little likely to revert soon to previous years’ levels, according to Colliers Romania consultants.
In this context, the rental market is becoming increasingly relevant.
(English version by Catalina Apostoiu)