HOUSING
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Apartment Prices In Large Cities Rose By Up To 17% In January, Declined In Bucharest
The first month of the year brought about a rising trend in asking prices for apartments in large Romanian cities, with a maximum growth of 17.4% in Cluj-Napoca, while prices in Bucharest dr...
Romania Issued Less Housing Permits In 2014
Romanian authorities issued 37,672 housing permits in 2014, 0.3% fewer than in the previous year, the country’s statistics institute INS said Wednesday.
Romanian Construction Sector Shrank 15% In 2014
The local construction market, one of the hardest hit during the crisis, further declined last year, by 10-15%, to 8.2-8.6 billion euros, according to data provided by the Romanian Associati...
Romania Issued Less Housing Permits In November
Romanian housing permits went down 16.3% to 2,715 units in November, from 3,243 units a month earlier, the country’s statistics institute INS said Tuesday.
Developers See 2014 As An End To Crisis On Residential Market
Residential developers will continue investments in 2015 and see 2014 as the end of the crisis on the residential market, as demand has risen, fueled by cheaper lending and the government-ba...
Bucharest Enters New Housing Boom
The number of houses and apartments completed in the Bucharest-Ilfov area rose by 84% in the third quarter of the year and by 64% in the first nine months, according to data published by the...
Romania Issues Less Housing Permits In October
Romanian housing permits went down 15.9% to 3,243 units in October, from 3,858 units a month earlier, the country’s statistics institute INS said Friday.
Casablanca Project In Bucharest Enters Insolvency
The developer that planned to build around 1,200 homes in the Casablanca Residence project in Bucharest has entered insolvency, at the request of lender Alpha Bank.
Polystyrene Producers In Romania Hinged On Small Works In First 9 Months
The local housing sector stalled this year as well, while state-funded thermal rehabilitation works also registered a decline, so that polystyrene producers mainly counted on small works car...