After 0.5% growth in June, the average asking price for old and new apartments countrywide grew 6.7% in the first half of the year, to EUR1,120 per square meter. With one exception, asking prices for new housing grew considerably more than for old housing.
In Cluj-Napoca, the average asking price reached EUR1,372/sqm compared with EUR1,247/sqm at the beginning of the year and EUR1,349/sqm at the end of May. While old housing prices increased 9.6% in the first half of the year, asking prices for new housing increased 12.3%.
In Iasi, housing prices increased 9.6% in the first six months, to EUR936/sqm. Old housing prices grew 5.9%, while new housing prices grew 13.8%, the data showed.
In Timisoara, the average asking price for housing grew 8.2% in the first six months, to EUR1,111/sqm. This is the only city where old housing prices posted higher growth (9.3%) than new housing prices (4.4%).
Housing prices in Constanta grew 7.3% in the first six months, to EUR1,044/sqm) Old housing prices grew 6.9%, while new housing prices grew 9.2%.
Housing in Brasov is 6.2% more expensive than at the beginning of the year, at EUR956/sqm. Old housing asking prices increased 5%, while new housing prices grew 9.4%.
In capital Bucharest, housing prices grew 5.4% in the first six months, to an average EUR1,203/sqm. Old housing prices grew 5.4%, while new housing prices grew 7%.