The imobiliare.ro index, calculated on the average asking price on a national level, reached EUR1,023 per square meter in October, down 2.4% on the month.
Compared with the same month of the previous year, when the index stood at EUR1,070 per sqm, apartment prices are 4.4% lower.
The index for Bucharest dropped 0.9% for second-hand apartments and rose 1% for new flats. The average asking price here reached EUR1,378 per sqm, up 1% on the month and up 3.3% on the year.
In Brasov, the average asking price reaches EUR852 per sqm, down 1% on the month and down 3.9% on the year.
In Cluj-Napoca, the index dropped 4% on the month, to EUR925 per sqm. Compared to the same month of the previous year, the average price dropped 7.9%.
In Constanta, the average price dropped 2.3% on the month, to EUR936.
In Timisoara, the average asking price for apartments reached EUR808 per sqm, the lowest value among cities analyzed. The price is 0.7% higher compared to the previous year.
In Ploiesti, the index reached EUR875, up 0.7% on the month but down 4.9% on the year.
The www.imobiliare.ro portal was launched in January 2000 and it has more than 30,000 unique visitors per day, according to its own data.