HOUSING
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Romania Allots RON1.5B Guarantee Budget for Mortgage Loan Program
Romania's government on Friday decided to allot RON1.5 billion for this year's state-guaranteed mortgage lending program, which allows homebuyers to buy homes of up to EUR140,000.
ING Survey: Buying a Home Is Usually a Short and Sharp Experience
Romanians are the most determined and quickest Europeans when it comes to choosing a home to buy, with three out of five saying they found their home in three months at most, a survey conduc...
ING Survey: Home Ownership is Main Saving Goal for Two in Five Romanians
Among Europeans, Romanians are the most interested in saving to buy a home, as 84% find owning preferable to renting, while 21% don't think they could afford to buy their own home, a survey...
Rental Market Will Develop, as Millennials Not Interested in Buying Homes
Romania doesn't have a housing rental market but that is set to change in the next few years as apartment prices will continue to grow and millennials are not interested in owning their home...
Asking Prices for Housing Decline in Bucharest, Grow in Other Cities in 3Q
Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a repo...
Housing Prices in Romania Grow 7% in 1H; Cluj Posts Highest Growth
The price of housing in Cluj-Napoca posted the biggest growth in the first half of the year, of 10%, while capital Bucharest posted the smallest growth, of 5.4%, according to an index of rea...
Romania Housing Permits Up 3.1% In First Half
Romanian housing permits went up 3.1% to 18,299 units in the first six months of the year, the country’s statistics institute INS said Wednesday.
Apartment Prices Rose In Romanian Cities In 1H, Except In Bucharest
The average asking price for new and old apartments in Romania rose 4.7% in the first half of the year compared to the end of 2014, to EUR933/ square meter, while prices in Bucharest decline...
Romania Housing Permits Up 8.9% To 3,654 In May
Romanian housing permits went up 8.9% to 3,654 units in May, from 3,355 units a month earlier, the country’s statistics institute INS said Monday.