Countrywide, apartment prices tended to go down in April due to Covid-19 restrictions. After an average price growth of 1.8% in March, the overall market saw a downturn of 1.7% in April. According to the Imobiliare.ro index, asking prices reached an average of EUR1,367 per square meter in April from EUR1,391/sqm in March.
The downward trend did not manifest in large cities, except Constanta, where asking prices dropped 1.4% in April compared with March, to EUR1,229/sqm from EUR1,247/sqm.
In capital Bucharest, asking prices grew 2% in April after a 3.4% fall in March , to an average of EUR1,423/sqm.
In Brasov, asking prices grew 1.8% on average in April, to EUR1,219/sqm.
Asking prices in Cluj-Napoca grew an overall 1.5% in April compared with March, to EUR1,854/sqm, while asking prices in Iasi grew 2.5% in April, to EUR1,063/sqm.
In Timisoara, asking prices grew 1.1% in April, to EUR1,325/sqm.