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HOUSING

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Residential Project Asmita Gardens Still 40% Unsold
Real Estate

Residential Project Asmita Gardens Still 40% Unsold

Over 40% of the apartments in the residential compound Asmita Gardens in Bucharest, under insolvency, are still unsold six years since the compound was open and the average sale rate this ye...

Oana Gavrila · 03.07.2014 · 12:06 · 1 min
INS: Romania Housing Permits Up 6.3% On Month To 3,586 In May
Macroeconomics

INS: Romania Housing Permits Up 6.3% On Month To 3,586 In May

Romanian housing permits rose 6.3% to 3,586 units in May, from 3,372 units a month earlier, the country’s statistics institute INS said Monday.

Bogdan Neagu · 30.06.2014 · 10:09 · 1 min
New Apartment Prices Fell By Up To 50% Between 2008 And 2014
Real Estate

New Apartment Prices Fell By Up To 50% Between 2008 And 2014

The average prices for newly-constructed apartments in Romania’s main cities fell by up to 50% since 2008, with the biggest price drop registered in Bucharest, according to real estate porta...

Gabriela Stan · 19.06.2014 · 12:46 · 1 min
INS: Romania Housing Permits Up 5% On Month To 3,372 In April
Macroeconomics

INS: Romania Housing Permits Up 5% On Month To 3,372 In April

Romanian housing permits rose 5.1% to 3,372 units in April, from 3,207 units a month earlier, the country’s statistics institute INS said Wednesday.

Bogdan Neagu · 28.05.2014 · 10:07 · 1 min
Nearly A Third Of Apartments For Sale In Bucharest Cost Over EUR100,000
Real Estate

Nearly A Third Of Apartments For Sale In Bucharest Cost Over EUR100,000

Most people interested in buying an home have budgets of EUR40,000-60,000, an interval covered by up to 50% of housing up for sale in cities in the country except for capital Bucharest where...

Oana Gavrila · 15.05.2014 · 14:15 · 3 min
Romania Housing Permits Up 47% On Month To 3,207 In March
Macroeconomics

Romania Housing Permits Up 47% On Month To 3,207 In March

Romanian housing permits rose 46.6% to 3,207 units in March from 2,187 units a month earlier, the country’s statistics institute INS said Monday.

Bogdan Neagu · 28.04.2014 · 10:00 · 1 min
INS: Housing Permits Up 39% On Month To 2,187 In February
Macroeconomics

INS: Housing Permits Up 39% On Month To 2,187 In February

Romanian housing permits rose 39% to 2,187 units in February from 1,573 units a month earlier, the country’s statistics institute INS said Friday.

Bogdan Neagu · 28.03.2014 · 10:00 · 1 min
INS: Romania Housing Construction Down 6% In 2013
Macroeconomics

INS: Romania Housing Construction Down 6% In 2013

Romanian housing construction fell 5.8% to 40,071 units in 2013, from 42,566 in the previous year, official data showed Wednesday.

Bogdan Neagu · 05.03.2014 · 10:16 · 1 min
Romania Housing Permits Down 7% On Year To 1,573 In January
Macroeconomics

Romania Housing Permits Down 7% On Year To 1,573 In January

Romania authorized construction of 1,573 residential buildings in January, down 7.1% from 1,694 permits issued in the same month of 2013, the country’s statistics institute INS said Friday.

Bogdan Neagu · 28.02.2014 · 10:01 · 1 min