The national price index which rose 0.5% in the third quarter of 2014 is maintaining the perspective of stable price calculated in the previous quarters.
The calculation of EPS residential price indexes show the end of the generalized price decline, succeeded by a stagnation of prices, more pregnant in the big cities.
Romania’s eight regional divisions can be divided into two equal groups: four divisions in the central and western regions registered an increasing trend while the other four in southern and southwestern Romania registered a downward trend.
Moldavia region (eastern Romania) is on top by price increases, with a 3.2% increase from one year to another and a 2.6% increase in the third quarter, followed by western, northern and central zones with quarterly and annual price increases.
Danube and Black Sea division faced the sharpest price fall from one year to another, with -4.1%, followed by the southern zone, Muntenia and Bucharest –Ilfov zone, with similar quarterly trends.
According to EPS, the new property index in Bucharest rose 2.9% on the year in the third quarter, while new property index stagnated at national level.