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Housing Prices In Romania On Downward Trend In Past 12 Months
Prices of studio flats and two-room apartments fell by 14.3% and 7.3%, respectively, over the past 12 months, while three-room apartments in capital city Bucharest saw the biggest price decl...
ANRE: Romania To Hike Gas Prices For Companies By 5% Come February 1
The price of natural gas for industrial consumers will increase by 5% as of February 1, as part of a measure undertaken in the stand-by agreement with the International Monetary Fund IMF and...
Average Housing Prices In Romania Down 1.3% In 2012
The average sale price of new and old apartments in Romania went down by 1.3% in 2012, from EUR991 per square meter at the beginning of the year, to EUR978 per square meter at the end of Dec...
Old Apartment Prices In Bucharest Fell 3% In 2012
Old apartment prices in Bucharest fell by about 3% this year, according to real estate portal imopedia.ro.
Romania Raises Electricity Prices By 10% Starting January 1, 2013
Romania’s electricity prices will increase by 10% starting January 1, 2013 due to higher costs for power producers and increased state aid granted to renewable energy producers.
Bucharest’s Most Expensive Penthouse Costs EUR3.5M
The most expensive penthouse apartment up for sale in Romania’s capital city Bucharest costs EUR3.5 million, stretches onto 560 square meters and has 12 rooms, sauna, wine cellar and jacuzzi...
Housing Prices In Romania’s Largest Cities Halved Since 2008
Housing prices in Romania’s largest cities have declined by 52% since March 2008, when the real estate market reached its peak, according to an analysis by real estate website imobiliare.ro.
Housing Prices Keep Falling, While Some Developers Return To Construction Sites
The Romanian housing market is still seeking a direction after more than four years of crisis and price declines, and it could return to growth provided new apartment projects are adjusted t...
Average Prices Of Studio Apartments In Romanian Cities Reach EUR30,000
The average price of a studio apartment in Romania’s cities reaches nearly EUR30,000, according to real estate website imobiliare.ro.