Between January and June, the average price of new and old apartments in the main Romanian cities rose 0.7%, from EUR898/sqm to EUR904/sqm.
In the capital city Bucharest, the average asking price for apartments on sale rose 1% to EUR1,073/sqm, from EUR1,062/square meter at the beginning of January.
On the segment of new apartments, the average price remained approximately constant at EUR1,183/sqm, from EUR1,84/sqm at the beginning of the year. On the other hand, old apartment prices rose by 0.9%, from EUR982/sqm to EUR991/sqm.
Prices of apartments in Brasov fell 1.1% in the analyzed period, from EUR823/sqm down to EUR814/sqm. New apartment prices fell 5.9%, from EUR868/sqm to EUR817/sqm. Old apartment prices, however, remained the same at approximately EUR813/sqm.
In Cluj-Napoca, the prices of apartments on sale rose by 3% in the past 6 months, from EUR871 to EUR897/sqm. New apartment prices rose 2.3%, from EUR797/sqm to EUR815/sqm, while old apartment prices registered a 2.4% price increase, at EUR993/sqm, from EUR970/sqm in January.
Between January and June, home prices in Constanta rose 1% to EUR847/sqm. New apartment prices are 2.2% higher and the average price charged by housing developers reaches EUR880/sqm, whereas old apartment prices increased by 0.6% to EUR837/sqm.
In Timisoara, apartment prices rose 2% in the last six months, from EUR793/sqm to EUR809/sqm. The prices of new apartments increased by 1.4%, to EUR844/sqm (from EUR832/sqm in January), while old apartment prices registered a 2.4% hike, from EUR786/sqm to EUR805/sqm.